Gold averaged $445.93 an ounce in 1987, rising 24.5% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $407.33 | $422.25 | $388.75 |
| February | $401.09 | $406.75 | $390.00 |
| March | $401.52 | $406.75 | $390.00 |
| April | $438.28 | $474.50 | $418.50 |
| May | $459.63 | $475.25 | $449.00 |
| June | $449.59 | $457.00 | $438.00 |
| July | $450.55 | $462.50 | $444.10 |
| August | $460.77 | $473.40 | $453.30 |
| September | $459.84 | $464.00 | $453.40 |
| October | $465.35 | $481.00 | $454.35 |
| November | $467.58 | $492.50 | $457.55 |
| December | $485.85 | $499.75 | $477.50 |
Gold averaged $445.93 per troy ounce in 1987. It opened the year at $388.75 and closed at $484.10.
Gold's highest daily price in 1987 was $499.75 on December 14; its lowest was $388.75 on January 1.
Adjusted for US consumer price inflation, 1987's average gold price of $445.93 equals about $1,311 in today's dollars.
At 1987's average price, $1,000 bought about 2.24 ounces of gold, worth $9,406 at today's price of $4,194.40.