Gold's 2016 peak value occurred in July. Early 2017 saw gold begin
an upward trend which has more recently seesawed up and down.
Let's look at the New York closing values for gold on the last trading
day before the May 2017 coin show:
Gold prices fluctuated with several ups and downs in
the past year.
In comparison, the gold prices prior to the May 2016
and the recent May 2017 coin shows include a year-
over-year decrease of $37.85 or -3.0%.
In comparing to the last coin show, gold is down $38.40
or -3.0% from the Friday before the April show to the
Friday before the May show.
Gold's price dramatically changed throughout the coin
The New York market closed at $1227.90 on the Friday before the May
show, while the London market closed at $1228.05.
Take a look at this chart of the gold prices for May 2016 through May
Each of these values reflect the prices on the Friday just prior to the
monthly coin shows (London Market values).
Back when the Greater Atlanta Coin Show started in 1988,
gold's price was $441.70 per troy ounce. Through the years,
gold bullion prices climbed and fell, falling in 1993 to a low
point of $326.10 per ounce. Climbing again, gold's values
trended upward for a handful of years but fell to a new low in
1999 of $252.80.
In 2011, gold's prices reached new record highs.
The charts have been updated to include through Friday,
May 5, 2017.
This chart shows the gold prices from the London PM Fix
numbers on the Friday just prior to each coin show through
all the coin show years, 1988-to-date.
The numbers for the gold prices in the charts above were pulled from Kitco's historical gold data using London Fix
Their site provides much more detail of the daily values through these years rather than just the days before coin
shows and the singular high and low points as shown in the above gold charts.