There was a one-off spike for a month in 1980.
The “gold price” went from $380/oz in November 1979 to $850/oz in January 1980, and back down to $500/oz in March 1980.
In 1981, the average gold price was $400 an oz.
Lets run the calculator on that:
There was a one-off spike for a month in 1980.
The “gold price” went from $380/oz in November 1979 to $850/oz in January 1980, and back down to $500/oz in March 1980.
In 1981, the average gold price was $400 an oz.
Lets run the calculator on that:
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