Gold averaged $381.33 an ounce in 1989, falling 2.8% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $404.30 | $411.60 | $394.00 |
| February | $387.51 | $393.80 | $380.40 |
| March | $390.56 | $395.50 | $382.95 |
| April | $384.40 | $390.25 | $377.55 |
| May | $371.10 | $378.60 | $359.75 |
| June | $367.60 | $376.30 | $358.70 |
| July | $375.04 | $385.50 | $368.30 |
| August | $364.94 | $370.50 | $359.80 |
| September | $361.75 | $369.00 | $355.75 |
| October | $366.88 | $377.00 | $361.05 |
| November | $394.26 | $415.80 | $373.05 |
| December | $409.38 | $415.50 | $398.60 |
Gold averaged $381.33 per troy ounce in 1989. It opened the year at $410.25 and closed at $398.60.
Gold's highest daily price in 1989 was $415.80 on November 24; its lowest was $355.75 on September 15.
Adjusted for US consumer price inflation, 1989's average gold price of $381.33 equals about $1,028 in today's dollars.
At 1989's average price, $1,000 bought about 2.62 ounces of gold, worth $10,999 at today's price of $4,194.40.