Current Spot Prices vs. 1980 Highs
The chart below shows the potential for precious metals growth if current economic trends follow those present in 1980. The column on the right shows what the 1980 highs would be today if adjusted for inflation. Current precious metals prices are still a fraction of the 1980 highs when adjusted for inflation.
|
Current
Metal Prices* |
1980 High Prices |
1980 High Prices
(adjusted for inflation) |
| Gold |
$883.80 |
$850.00 |
$2,275.99 |
| Silver |
$16.89 |
$49.45 |
$132.41 |
| Platinum |
$2,025.00 |
$1,070.00 |
$2,865.07 |
| Palladium |
$441.00 |
$250.00 |
$669.41 |
Based on price per one troy ounce.
*Spot prices last updated 05/08/2008 at 2:20 pm
