Gold after Grenada (25 Oct 1983)
After Grenada on 25 Oct 1983, gold was 10.0% lower three months on and 17.2% lower twelve months on, measured from the Sep 1983 monthly average of $412 a troy ounce.
- Gold before
- $412
- Sep 1983
- Gold +3 months
- -10.0%
- Gold +12 months
- -17.2%
- Silver +12 months
- -39.2%
In context
Operation Urgent Fury began.
Over the same months silver was 30.8% lower three months on and 39.2% lower twelve months on.
Of the 11 U.S. military operations on the chart with a full year after them, this ranks 11th for gold twelve months on.
The geopolitical or monetary shock before it on the chart: Hunt silver squeeze (18 Jan 1980).
The one after: Dollar index peaks (25 Feb 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: jcs.mil.
Updated Oct 2026 · record through Oct 2026