Gold Prices 1978-2014
Project #1207 on iSENSEProject.org
Description
This project shows the price of gold in the USA as well as the consumer price index (CPI) for urban dwellers.
Then, the field "US Gold Buying Power" has the gold price divided by the CPI, yielding a measure of gold's true value.
The data show that gold values peaked in 1980 and again in 2012.
Even though gold prices are a lot higher in 2012, the value of money has decreased, so really the recent peak temporarily brought gold back to its 1980 level.
Data was retrieved from gold.org and www.seattle.gov/financedepartment/cpi/historical.htm.
Fields
| Name | Units | Type of Data |
|---|---|---|
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Timestamp
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Timestamp
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USD
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None
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Number
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EUR
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None
|
Number
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JPY
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None
|
Number
|
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GBP
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None
|
Number
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US CPI Urban
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percent
|
Number
|
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US Gold Buying Power
|
None
|
Number
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Our Data
Name(s): ______________________________________
Date: _________________________________________
| Timestamp | USD | EUR | JPY | GBP | US CPI Urban | US Gold Buying Power |