Gold has always been a measure of value, but today it tells a bigger story about our time. Back in 1971: Gold was $43 an ounce The average hourly wage was $3.70 It took about 12 hours of work to buy 1 ounce of gold Fast forward to 2026: Gold is $5,000 an ounce The average
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Gold has always been a measure of value, but today it tells a bigger story about our time. Back in 1971: Gold was $43 an ounce The average hourly wage was $3.70 It took about 12 hours of work to buy 1 ounce of gold Fast forward to 2026: Gold is $5,000 an ounce The average