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Gold & Silver Price History

The long-run annual performance record of Gold and Silver, calculated from verified World Bank monthly observations. What each metal returned in each calendar year, how complete the record is for that year, and where every figure came from — historical monthly averages, not spot or current prices.

Choose a metal and period

Gold historical price

World Bank Commodity Price Data ("Pink Sheet") monthly averages, USD per troy ounce — historical, never a spot or current price.

Gold history: Historical
1,1572,1233,0894,0545,020Aug 2016Aug 2018Aug 2020Jul 2022Jul 2024Jul 2026
Gold monthly average prices from Aug 2016 to Jul 2026, 120 monthly observations in USD per troy ounce. Lowest 1157 USD in Dec 2016, highest 5020 USD in Feb 2026. Source: World Bank Commodity Price Data, monthly averages — not live or spot prices.

Period shown Aug 2016Jul 2026Observations 120 monthlyLow 1157 USDHigh 5020 USD

Over this period

CalculationUSD per troy ounce
First observation1340.00 USDAug 2016
Latest observation4073.00 USDJul 2026
Change over period+203.96%Across 120 monthly observations
Compound annual growth+11.86%Over 119 months
Range low / high1157.00 – 5020.00Dec 2016 / Feb 2026
Missing months0The record is complete across this span

Annual performance, year by year

CalculationUSD, first to last observation each year

Gold and Silver side by side, every calendar year in the selected period. Both columns stay visible whichever metal is charted above — a year's return only means something next to the other metal's.

For each calendar year: the change between the FIRST and LAST monthly observation that actually exists in that year. January and December are never assumed — a year beginning in March is measured from March, and marked partial.

A return needs at least two observations in the same year. A year holding only one is reported as not calculable — not as a 0% change, and not as “no change”: one price cannot say what a price did.

This table scrolls sideways on small screens.

Calendar-year percentage change for Gold and Silver, calculated from the first and last monthly observation in each year, newest year first.
YearGoldSilverCoverage
2026-14.31%-36.16%Jan 2026 – Jul 2026
2025+59.00%+104.93%Full year
2024+30.19%+34.50%Full year
2023+6.74%+0.84%Full year
2022-0.99%+0.43%Full year
2021-4.12%-13.13%Full year
2020+19.03%+38.89%Full year
2019+14.47%+9.62%Full year
2018-6.09%-13.45%Full year
2017+6.04%-4.14%Full year
2016-13.66%-16.33%Aug 2016 – Dec 2016
Arithmetic mean of yearly changes
A simple average of the yearly percentages above — not a compound or annualised return, and not comparable to CAGR.
Gold mean
+8.76%11 years
Silver mean
+9.64%11 years

Coverage & provenance

Licence
CC-BY-4.0
Retrieved
2026-08-22
Frequency & unit
monthly period averages, USD per troy ounce
Gold observations shown
120 · Aug 2016 Jul 2026
Silver observations shown
120 · Aug 2016 Jul 2026

Every figure on this page is a calculation over monthly period averages. A monthly average is not a month-end close and not a spot, dealer or live price, so a "return" here is the change between two monthly averages — which is what the labels say. A month with no verified observation is counted and left out: never forward-filled from the previous month, never interpolated, never recorded as zero. The chart breaks its line across a gap rather than drawing through it.