Gold after Dollar index peaks (25 Feb 1985)
After Dollar index peaks on 25 Feb 1985, gold was 4.3% higher three months on and 11.9% higher twelve months on, measured from the Jan 1985 monthly average of $303 a troy ounce.
- Gold before
- $303
- Jan 1985
- Gold +3 months
- +4.3%
- Gold +12 months
- +11.9%
- Silver +12 months
- -3.3%
In context
ICE dollar index closed at a record 164.72; it fell about 44% by Dec 1987 as gold rallied.
Over the same months silver was 3.3% higher three months on and 3.3% lower twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 15th for gold twelve months on.
The U.S. military operation before it on the chart: Grenada (25 Oct 1983).
The one after: Plaza Accord (22 Sep 1985).
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: fraser.stlouisfed.org.
Updated Oct 2026 · record through Oct 2026