Gold Price History · The Free-Float Era
2014 in context · real value, 1994–2025
In 2014, gold averaged $1,266 an ounce — about $1,722 in today's money. That was down 10.3% on the year in nominal terms (−11.7% after inflation). In the free-float era the price is set entirely by markets, so each year carries its own distinct story of inflation, crisis, and confidence in paper money.
To see 2014 in the full sweep of the gold price, explore the 768-year ribbon, or find out what a 2014 gold investment would be worth today on the gold calculator.
Run the numbers across gold, stocks, housing, and bonds — adjusted for inflation.
Calculate 2014 →Value at year-end of $10,000 invested on 1 January 2014.
Annual-average basis. Gold: Officer & Williamson; S&P 500 & Treasuries: Damodaran (NYU); housing: Shiller; CPI: BLS. Methodology →
Sources. Gold price: Officer & Williamson, The Price of Gold, 1257–Present (annual average); inflation adjustment by US CPI (BLS / Officer & Williamson). Asset comparison from the calculator dataset. Figures are annual averages. Full methodology →