Use Cmd/Ctrl+F to search Gold Price History 1792 – 1973
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Names in bold will be found in Players or Dictionary
Bolded Titles in References – Books (two lists).
Gold Price History 1792 – 1973
The official U.S. Government gold price has changed only four times
from 1792 to the present…
Starting at $19.75 per troy ounce (1792)
raised to $20.67 (1834)
raised to $35.00 (1934)
price raised to $38.00 (1972)
and then to $42.22 (1973)
A two-tiered pricing system was created in 1968.
The market price for gold has been free to fluctuate since then.
Silver Price History Compared to Gold
1700 – 1941
| TIME FRAME / ERA | Buy 1 oz Gold | With X oz Silver |
| 1700 – 1720 | 1 | 15.1 |
| 1800 – 1820 | 1 | 15.3 |
| 1821 – 1840 | 1 | 15.6 |
| 1841 – 1860 | 1 | 15.6 |
| 1861 – 1870 | 1 | 15.6 |
| 1871 – 1880 | 1 | 16.7 |
| 1881 – 1882 | 1 | 17.6 |
| 1883 – 1884 | 1 | 18.4 |
| 1885 – 1886 | 1 | 19.9 |
| 1887 – 1888 | 1 | 21.2 |
| 1890 | 1 | 18.3 |
| 1932 | 1 | 75.0 |
| 1940 – 1941 | 1 | 100.0 |
$1.00 in 1792 is worth $33.09 today (2025)
The U.S. dollar has lost 97% its value since 1792
For related information on this subject in Old West Daily Reader
see:
Wk. 34, 08/24/1857 – Panic of 1857
Wk. 37, 09/12/1857 – S.S. Central America
Wk. 07, 02/12/1873 – Crime of ’73
Wk. 38, 09/20/1873 – The Panic of 1873
Wk. 52, 12/28/1933 – Gold Standard
The Originals Index – Commerce in the Old West
The Originals Index – Trade in the Old West
Photo Gallery Index – Mining Photos – Mining Minerals – Borax, Gold, Silver, etc.
Photo Gallery Index – Mining Photos –Gold Rushes
Photo Gallery Index – Mining Photos – Silver Rushes
FYI:
The Originals Index – Lost Treasures in the Old West
The Originals Index – Lost Treasures in the Old West – Hoaxes
References – Dictionary – Miner’s Script
End: Gold Price History 1792 – 1973
Go to: Silver Price History 1700 – 1941
Back to: Commerce in the Old West
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