US dollars · Monthly CPI · Indicative

Inflation-adjusted gold price

Compare stored daily gold closes in US dollars with the same prices restated in today’s dollars using US consumer price index levels. Only US inflation is applied, whatever currency you hold.

Select up to 365 completed UTC days. Available history varies.

Gold in USD, nominal and inflation-adjusted

Daily gold closes (USD per troy ounce): nominal (grey) and in September 2026 dollars (gold)

$5,485.56$3,932.05

2025-10-012026-09-30

First close (2025-11-01): $4,001.40 nominal, $4,139.70 adjusted
Last close (2026-09-30): $4,178.57 nominal, $4,178.57 adjusted
Reference CPI: September 2026: 336.298 (observation 2026-09-30)

Hover, focus or tap a point to inspect its exact date and price.

Some days have no stored gold observation; gaps are not filled. 27 selected closes have no stored CPI index for their month, so they are omitted from the adjusted line.

How the adjustment works

Adjusted price = daily gold close × latest stored CPI index ÷ CPI index of the close’s calendar month. Closes are the final stored USD observation of each completed UTC day; today is excluded.

Uses the U.S. Bureau of Labor Statistics CPI-U: all items, US city average, seasonally adjusted, index base 1982–1984 = 100. CPI is monthly, so every day in a month uses that month’s index, which represents the whole reference month. The latest reference month is the newest published and stored; unpublished months are never assumed.

Seasonally adjusted history can be revised. Results use the latest stored values, not the vintage available at the time, and are not forecasts or financial advice. Arithmetic is exact decimal; money is shown to two decimal places. Missing months are omitted, never interpolated.

Source: U.S. Bureau of Labor Statistics; calculation by Bullion API. BLS data is public domain. BLS does not endorse this analysis. To convert an amount of dollars between months, use the US dollar purchasing power calculator.