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Gold Price in 1985

The gold price rose 6.0% in 1985, from $308.30 at the end of 1984 to $326.80. Its highest close was $340.90 on Aug 19, and its lowest $284.25 on Feb 25. The biggest one-day fall was −4.7% on Feb 25 and the biggest rise +6.0% on Mar 19. Adjusted for inflation, it gained 2.1%.

Change in 1985
+6.0%
$308.30 → $326.80
High
$340.90
Aug 19
Low
$284.25
Feb 25
After inflation
+2.1%
US CPI
Up days
126 of 253
longest run 6 up, 5 down
Below record
-61.6%
at the end of 1985

Gold Price, daily closes 1985

Numbers mark the events below
$290$313$336JanFebMarAprMayJunJulAugSepOctNovDec1Feb 25: Bear market low: $284.25, 44.2% below the peak. Biggest one-day fall of the year: −4.7%.2Mar 19: Biggest one-day rise of the year: +6.0%.3Sep 22: G5 finance ministers sign the Plaza Accord to weaken the US dollar.

Key Events in 1985

What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.

  1. 1
    Monday, February 25 From the data
    Bear market low: $284.25, 44.2% below the peak. Biggest one-day fall of the year: −4.7%.
  2. 2
    Tuesday, March 19 From the data
    Biggest one-day rise of the year: +6.0%.
  3. 3
    Sunday, September 22
    G5 finance ministers sign the Plaza Accord to weaken the US dollar. Source
    Gold: +2.6% next trading day (Sep 23) · +2.2% a month later

Biggest days of 1985

Best daysWorst days
Mar 19+6.0%Feb 25−4.7%
Jul 29+3.0%May 1−2.8%
Mar 26+2.9%May 21−2.6%
Sep 23+2.6%Sep 6−2.6%
Mar 20+2.3%Apr 1−2.5%

Volatility: 17.1% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$306.65−0.5%$308.00$297.75
Feb$287.75−6.2%$304.50$284.25
Mar$329.25+14.4%$330.40$287.25
Apr$321.35−2.4%$334.25$316.75
May$314.00−2.3%$326.50$311.25
Jun$317.75+1.2%$325.40$312.00
Jul$327.50+3.1%$327.50$308.25
Aug$333.25+1.8%$340.90$319.80
Sep$325.75−2.3%$334.65$316.25
Oct$325.10−0.2%$328.00$322.25
Nov$325.30+0.1%$331.25$321.95
Dec$326.80+0.5%$327.60$315.50

Other Markets in 1985

Change over the calendar year.

MarketChangeYear-end
Gold Price+6.0%$326.80
Dow Jones Industrial Average in 1985+27.7%1,546.67
S&P 500 in 1985+26.3%211.28
Nasdaq Composite in 1985+31.5%324.90
Nikkei 225 in 1985+13.3%13,083.00
Silver in 1985−7.8%$5.80
US 10-year Treasury yield in 1985−2.55 pp9.00%
1980198119821983198419851986198719881989

Gold Price in 1985: FAQ

How much did the gold price rise in 1985?

The gold price rose 6.0% in 1985, from $308.30 at the end of 1984 to $326.80. Its highest close was $340.90 on Aug 19, and its lowest $284.25 on Feb 25. The biggest one-day fall was −4.7% on Feb 25 and the biggest rise +6.0% on Mar 19. Adjusted for inflation, it gained 2.1%.

What were the highest and lowest closes of the gold price in 1985?

Highest: $340.90 on August 19, 1985. Lowest: $284.25 on February 25, 1985. It closed higher on 126 of 253 trading days.

What happened to the gold price on September 22, 1985?

G5 finance ministers sign the Plaza Accord to weaken the US dollar. The gold price rose 2.6% on the next trading day (September 23, 1985), and was +2.2% a month later.

Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.