Learn little known data about the price peaks of the four precious metals (gold, silver, platinum and palladium) from the 1970s to 1980 and where this 21st century bull market for bullion could be headed. Here's some research I did to explore what caused gold prices per gram to rise (and then) fall so dramatically in the first 3 months of 1980. Nor will it be liable to any person or entity for delays, inaccuracies, errors or omissions in these Gold Price Per Gram data or for any other damage that arises in connection with the reception or use of this data by the viewer. Interactive chart with historical data on the real (inflation-adjusted) prices of gold per ounce up to 1915. The growing lack of faith in the ability of governments to protect currencies from erosion by inflation following recent increases in oil prices had intensified. The Soviet invasion of Afghanistan and the revolution in Iran were often cited in stories about gold prices in 1980.
There are still many reasons to be concerned about both countries, but they don't feature much in golden stories. Fixed gold prices represent the compound prices reached by several commercial banks and brokerage firms in the OTC gold bullion markets. The series is deflated using the main consumer price index (CPI) with the most recent month as the base. But you have to be very careful about the fact that this price was an extreme movement that didn't last long at the time.
Despite dramatic increases in gold prices, the metal is among the three best bets for making money in commodity markets over the next six months. The viewer acknowledges and accepts that SD Bullion does not guarantee the accuracy, timeliness or integrity of the price data shown here.