Gold Price in 1928
All prices on this page are nominal (i.e., they are not indexed to inflation). For full price history, click here.
In 1928, the price of gold was fixed by the U.S. government at $20.67 per ounce. These are official prices, not market prices.
See our gold returns calculator to compute the return on a gold investment over any time period, including inflation adjustment.
Gold Price Chart, 1928
This graph shows the price of 1 troy ounce of gold in USD for each month.
Gold Price in 1928
($)
Gold Price Table, 1928 (Monthly)
This table shows the USD value of gold per troy ounce for each month.
| Year | Month | Gold Price ($) | Change ($) | Month-over-month (%) |
|---|---|---|---|---|
| 1928 | 12 | 20.67 | 0 | 0 |
| 1928 | 11 | 20.67 | 0 | 0 |
| 1928 | 10 | 20.67 | 0 | 0 |
| 1928 | 9 | 20.67 | 0 | 0 |
| 1928 | 8 | 20.67 | 0 | 0 |
| 1928 | 7 | 20.67 | 0 | 0 |
| 1928 | 6 | 20.67 | 0 | 0 |
| 1928 | 5 | 20.67 | 0 | 0 |
| 1928 | 4 | 20.67 | 0 | 0 |
| 1928 | 3 | 20.67 | 0 | 0 |
| 1928 | 2 | 20.67 | 0 | 0 |
| 1928 | 1 | 20.67 | 0 | 0 |
