Valuing gold against previous bull markets
Investors also value gold bullion by comparing gold price highs from previous bull markets, and then adjusting them for inflation to find a price in today’s money. This way of valuing gold notes what levels the price of gold has reached before, and works out today’s prices if such gold investment trends occurred again.
It’s best to use the most recent previous gold investing bull market of 1970 to 1980, where gold prices peaked at $850/ounce. Use the sliders above to see what the latest gold price could be if you take this historical gold price high and adjust it for inflation. With concerns about reported levels of inflation some investors also prefer to use figures they find more realistic than RPI and CPI. We are showing the gold price per ounce here, but the same effects would show in the gold price per gram too.
To learn more about gold prices and better protect yourself from inflation and deflation, regularly visit our Comment & Analysis section.