Gold averaged $331.01 an ounce in 1997, falling 21.4% over the year.
| Month | Average | High | Low |
|---|---|---|---|
| January | $355.72 | $369.25 | $345.50 |
| February | $346.58 | $360.00 | $337.70 |
| March | $351.46 | $362.15 | $346.05 |
| April | $344.47 | $351.05 | $339.25 |
| May | $343.59 | $349.10 | $339.25 |
| June | $340.76 | $344.25 | $334.55 |
| July | $324.10 | $333.70 | $317.30 |
| August | $324.01 | $327.70 | $319.35 |
| September | $322.82 | $332.10 | $320.45 |
| October | $324.87 | $337.15 | $311.40 |
| November | $306.04 | $315.35 | $296.00 |
| December | $289.30 | $295.10 | $283.00 |
Gold averaged $331.01 per troy ounce in 1997. It opened the year at $369.25 and closed at $290.20.
Gold's highest daily price in 1997 was $369.25 on January 1; its lowest was $283.00 on December 12.
Adjusted for US consumer price inflation, 1997's average gold price of $331.01 equals about $689 in today's dollars.
At 1997's average price, $1,000 bought about 3.02 ounces of gold, worth $12,671 at today's price of $4,194.40.