Gold after Plaza Accord (22 Sep 1985)
After Plaza Accord on 22 Sep 1985, gold was 2.4% lower three months on and 26.7% higher twelve months on, measured from the Aug 1985 monthly average of $330 a troy ounce.
- Gold before
- $330
- Aug 1985
- Gold +3 months
- -2.4%
- Gold +12 months
- +26.7%
- Silver +12 months
- -9.7%
In context
G5 agreed to drive the dollar down; the dollar index fell about 30% over two years.
Over the same months silver was 4.8% lower three months on and 9.7% lower twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 7th for gold twelve months on.
The market or central-bank moment before it on the chart: Dollar index peaks (25 Feb 1985).
The one after: Black Monday (19 Oct 1987).
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.
Updated Oct 2026 · record through Oct 2026