Value of $1 million of gold over time
Year
Gold price per ounce*
Ounces per $1 million
2026 value**
1900
$19
52,743
$273.4 million
1910
$19
52,854
$274 million
1920
$20.68
48,355
$250 million
1930
$20.65
48,426
$251 million
1940
$33.85
29,542
$153.2 million
1950...