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%.
- Gold
- -6.3%
- $143 → $134
- Silver
- +0.0%
- $4.40 → $4.40
- Gold high
- $184
- Dec 1974
- Gold low
- $110
- Aug 1976
In context
Gerald Ford's 2.4 years rank 8th of 11 presidencies since 1971 for gold. Silver did better than gold, rising 0.0%, from $4.40 to $4.40.
Gold's monthly average peaked at $184 in Dec 1974 and was lowest at $110 in Aug 1976 during the term.
That is a loss of about 2.7% a year, against 8.7% a year for gold across the whole record.
Under Richard Nixon, the presidency before, gold rose 276.3%.
Under Jimmy Carter, the presidency after, gold rose 301.5%.
Republican presidencies since 1971: 7 of 11.
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