drbubb Posted June 29, 2013 Report Share Posted June 29, 2013 Real Gold prices, and Ratio Gold (Gold-to- ??) Let's start with a traditional measure - Gold adjusted for Inflation Sept. 24, 2010, / source: http://www.marketwat...peak-2010-09-24 Gold hit a long-anticipated high-water mark Friday, briefly breaking through $1,300 an ounce. But the precious metal still has a long way to go to reclaim its inflation-adjusted all-time highs. A gold investor who bought an ounce of the metal at its January 1980 peak would need gold to advance by more than $1,000 an ounce from today’s record levels to come out ahead when 30 years of inflation are taken into account. People who bought gold in 1980 “have not even halfway broken even,” said Jon Nadler, a senior analyst with Kitco Metals. On Friday, gold for December delivery, the most active contract, posted an intraday high of $1,301.60 an ounce and closed at $1,298.10 an ounce on the Comex division of the New York Mercantile Exchange. That was its sixth record high in the past seven sessions Here's an even Longer term measure: Gold since 1871, adjusted for CPI /source : Both Charts purport to show the same thing - Gold adjusted for inflation - but they have a different look. Perhaps they use different inflation indices. Since they both finished about 3 years ago, the trick is updating them, and I will need inflation data (preferably CPI figures) to update. LINKS: ===== HISTORICAL GOLD PRICES- 1833 to Present The Price of Gold, 1257-2007 Kitco's Historical Gold prices : http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx Link to comment Share on other sites More sharing options...
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