Gold nuggets

The Price of Gold

  • Colorado beomes a territory

    Colorado beomes a territory
    1858- 1860 Gold is worth: $20.67 an ounce
  • Period: to

    The Price of Gold Over Colorado History

    This is a timeline showing how the value of gold has changed over time during a period of Colorado history (from 1858 when it was a territory to the end of WW1 in 1918).
  • The South secedes from the Union

    The South secedes from the Union
    Civil war has started. 1861 Gold is worth: $20.67 an ounce
  • Civil War is raging between the North and the South

    Civil War is raging between the North and the South
    1862 Gold is worth: $27.35 an ounce
  • Civil War continues

    Civil War continues
    Civil War continues. The price of gold goes up. 1863 Gold is worth: $31.23 an ounce
  • Civil War continues

    Civil War continues
    The Civil War continues. The price of gold keeps going up. 1864 Gold is worth: $47.02
  • Civil War ends

    Civil War ends
    Civil War ends. The price of gold falls. 1865 Gold is worth: $30.22 an ounce
  • Colorado

    Colorado
    1866 Gold is worth: $28.26 an ounce
  • Colorado

    Colorado
    1867 Gold is worth: $27.86 an ounce
  • Colorado

    Colorado
    1868 Gold is worth: $27.95 an ounce
  • Colorado

    Colorado
    1869 Gold was worth: $25.11 an ounce
  • Colorado

    Colorado
    1870 Gold was worth: $22.88 an ounce
  • Colorado

    Colorado
    1871 Gold is worth: $22.59 an ounce
  • Colorado

    Colorado
    1872 Gold is worth: $23.19 an ounce
  • Colorado

    Colorado
    1873 Gold is worth: $22.74 an ounce
  • Colorado

    Colorado
    1874 Gold is worth: $23.09 an ounce
  • Colorado

    Colorado
    1875 Gold is worth: $23.54 an ounce
  • Colorado becomes a state

    Colorado becomes a state
    Colorado becomes the 38th state in the Union. 1876 Gold is worth: $22.30
  • Colorado

    Colorado
    1877 Gold is worth: $21.25 an ounce
  • Colorado

    Colorado
    1878 Gold is worth: $20.69 an ounce
  • Gold Standard (1879- 1932)

    Gold Standard (1879- 1932)
    The gold standard is adopted, which keeps the price of gold level between 1879 and 1932. WW1 (1914- 1918) happens and the Stock Market crashes (1929) during this time period. Indutrialization also happens, which changes the entire future of America. 1880- 1932 Gold is worth: $20.67 an ounce
  • World War 1 ends, Influenza outbreak

    World War 1 ends, Influenza outbreak
    World War 1 ends. Influenza outbreak kills thousands. Gold Standard is still in effect. 1918 Gold is worth: $20.67 an ounce