Gold averaged $384.16 an ounce in 1994, falling 2.2% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $387.11 | $395.25 | $377.90 |
| February | $381.91 | $388.50 | $375.75 |
| March | $384.13 | $391.30 | $375.30 |
| April | $378.41 | $389.20 | $369.65 |
| May | $381.37 | $388.00 | $373.40 |
| June | $385.64 | $392.45 | $378.40 |
| July | $385.49 | $388.55 | $383.00 |
| August | $380.48 | $386.60 | $376.30 |
| September | $391.58 | $396.25 | $386.00 |
| October | $389.77 | $393.70 | $383.85 |
| November | $384.39 | $386.75 | $382.70 |
| December | $379.78 | $383.25 | $375.75 |
Gold averaged $384.16 per troy ounce in 1994. It opened the year at $391.75 and closed at $383.25.
Gold's highest daily price in 1994 was $396.25 on September 28; its lowest was $369.65 on April 22.
Adjusted for US consumer price inflation, 1994's average gold price of $384.16 equals about $866 in today's dollars.
At 1994's average price, $1,000 bought about 2.60 ounces of gold, worth $10,918 at today's price of $4,194.40.