Gold under every U.S. president since 1971
How gold and silver performed during each presidency in the record, from the last full month before the term to its last full month.
- How gold performed under Richard Nixon (1969–1974)
Under Richard Nixon (20 Jan 1969 to 9 Aug 1974), gold rose 276.3%, from $38.00 to $143 a troy ounce, comparing the monthly averages of Jan 1971 and Jul 1974; silver rose 175.0%.
- How gold performed under Gerald Ford (1974–1977)
Under Gerald Ford (9 Aug 1974 to 20 Jan 1977), gold fell 6.3%, from $143 to $134 a troy ounce, comparing the monthly averages of Jul 1974 and Dec 1976; silver rose 0.0%.
- How gold performed under Jimmy Carter (1977–1981)
Under Jimmy Carter (20 Jan 1977 to 20 Jan 1981), gold rose 301.5%, from $134 to $538 a troy ounce, comparing the monthly averages of Dec 1976 and Dec 1980; silver rose 275.0%.
- How gold performed under Ronald Reagan (1981–1989)
Under Ronald Reagan (20 Jan 1981 to 20 Jan 1989), gold fell 22.1%, from $538 to $419 a troy ounce, comparing the monthly averages of Dec 1980 and Dec 1988; silver fell 63.0%.
- How gold performed under George H. W. Bush (1989–1993)
Under George H. W. Bush (20 Jan 1989 to 20 Jan 1993), gold fell 20.0%, from $419 to $335 a troy ounce, comparing the monthly averages of Dec 1988 and Dec 1992; silver fell 39.3%.
- How gold performed under Bill Clinton (1993–2001)
Under Bill Clinton (20 Jan 1993 to 20 Jan 2001), gold fell 19.1%, from $335 to $271 a troy ounce, comparing the monthly averages of Dec 1992 and Dec 2000; silver rose 24.3%.
- How gold performed under George W. Bush (2001–2009)
Under George W. Bush (20 Jan 2001 to 20 Jan 2009), gold rose 201.1%, from $271 to $816 a troy ounce, comparing the monthly averages of Dec 2000 and Dec 2008; silver rose 123.9%.
- How gold performed under Barack Obama (2009–2017)
Under Barack Obama (20 Jan 2009 to 20 Jan 2017), gold rose 41.8%, from $816 to $1,157 a troy ounce, comparing the monthly averages of Dec 2008 and Dec 2016; silver rose 59.2%.
- How gold performed under Donald Trump I (2017–2021)
Under Donald Trump I (20 Jan 2017 to 20 Jan 2021), gold rose 60.6%, from $1,157 to $1,858 a troy ounce, comparing the monthly averages of Dec 2016 and Dec 2020; silver rose 52.4%.
- How gold performed under Joe Biden (2021–2025)
Under Joe Biden (20 Jan 2021 to 20 Jan 2025), gold rose 42.5%, from $1,858 to $2,648 a troy ounce, comparing the monthly averages of Dec 2020 and Dec 2024; silver rose 23.2%.
- How gold performed under Donald Trump II (2025–)
Under Donald Trump II (20 Jan 2025 to the present), gold rose 55.0%, from $2,648 to $4,104 a troy ounce, comparing the monthly averages of Dec 2024 and Oct 2026; silver rose 85.3%.