Gold breaks records again! Prices surpass the inflation-adjusted peak of 45 years ago.

Jin10 data reported on September 12, gold prices have surpassed the inflation-adjusted peak from 45 years ago, as market concerns over the U.S. economic outlook intensify. Gold has continued its strong bull run over the past three years and has entered uncharted territory. So far this month, Spot gold prices have risen about 5%, reaching a historic high of $3,674.27 on Tuesday. Since 2025, gold prices have set more than 30 nominal price records, and the latest surge has also broken the inflation-adjusted high set on January 21, 1980—when gold was priced at $850 per ounce. Considering decades of consumer price increases, this price is equivalent to about $3,590—although there are multiple methods of inflation adjustment, some calculations yield a lower 1980 peak. However, analysts and investors unanimously agree that gold has firmly surpassed this level, further solidifying its status as a timeless hedge against inflation and currency depreciation.