Gold, along with other precious metals, is often seen as a better investment than stocks, as it is always in demand and has a relatively stable price. In fact it was not until after the First World War that gold prices moved to any great degree. Like any long-term investment, knowing the historical levels and trends is a vital part of knowing when to buy and sell. It is also useful when trying to figure original prices of gold antiques.
Instructions
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1
Visit nma.org/pdf/gold/his_gold_prices.pdf. This website shows average gold prices over the course of each year, from 1833 to 2010.
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2
Locate the year you are looking for and make a note of it.
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3
Visit onlygold.com/tutorialpages/pricesy2kfs.asp?offset=20. This website shows the day by day finishing price of gold, and other precious metals, from 1973 to the current day.