Gold averaged $56.58 an ounce in 1972, rising 47.0% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $43.59 | $45.75 | $43.48 |
| February | $45.87 | $48.26 | $45.75 |
| March | $48.26 | $48.33 | $48.26 |
| April | $48.37 | $49.03 | $48.33 |
| May | $49.27 | $54.62 | $49.03 |
| June | $54.96 | $62.09 | $54.62 |
| July | $62.26 | $65.67 | $62.09 |
| August | $65.73 | $67.03 | $65.67 |
| September | $66.96 | $67.03 | $65.47 |
| October | $65.44 | $65.47 | $64.86 |
| November | $64.77 | $64.86 | $62.91 |
| December | $62.96 | $63.91 | $62.91 |
Gold averaged $56.58 per troy ounce in 1972. It opened the year at $43.48 and closed at $63.91.
Gold's highest daily price in 1972 was $67.03 on August 31; its lowest was $43.48 on January 3.
Adjusted for US consumer price inflation, 1972's average gold price of $56.58 equals about $452 in today's dollars.
At 1972's average price, $1,000 bought about 17.67 ounces of gold, worth $74,134 at today's price of $4,194.40.