Gold Price in 1948

All prices on this page are nominal (i.e., they are not indexed to inflation). For full price history, click here.

In 1948, the price of gold was fixed by the U.S. government at $35 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, 1948

This graph shows the price of 1 troy ounce of gold in USD for each month.

Gold Price in 1948 ($)

Gold Price Table, 1948 (Monthly)

This table shows the USD value of gold per troy ounce for each month.

YearMonth Gold Price ($) Change ($) Month-over-month (%)
1948123500
1948113500
1948103500
194893500
194883500
194873500
194863500
194853500
194843500
194833500
194823500
194813500

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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