December 1994

This archive records the international XAU/USD spot price for every trading day of December 1994, sourced from gold-api.com's continuous historical series. Each row shows the XAU/USD spot price alongside per-gram and per-tola conversions — useful for researching historical transaction or estate values from December 1994.

The headline numbers: gold opened December 1994 at $380.10/oz and closed at $383.30/oz — a move of +0.84% on the month. Within that period, the price visited a low of $375.80/oz and a high of $383.30/oz, with an average of $379.93/oz across 25 trading sessions. The intra-month range volatility — the high-to-low spread divided by the open — was 1.97%, which gives a sense of how active or quiet trading was.

Stepping back to the 1994 annual archive: at the December 1994 close, gold was -0.93% year-to-date versus the 1 January open of $386.88/oz. The final session moved +0.00% from the prior close. The trailing trading-week return was +0.45%. Across the prior ~30 trading sessions, gold delivered +1.78%.

Open vs Close vs High vs Low. Open is the close on the first trading day of December 1994; Close is the final session of the month. High and Low are the absolute extremes from any trading day in the month — they often happen mid-month, not at the bookends. The green or red badge near the top of the page tells you immediately whether Close beat Open.

Average price. The Avg/oz figure is a simple arithmetic mean of every daily close in December 1994. Insurers, accountants and tax authorities sometimes use a monthly average rather than a spot price for valuation work. Use the average-rate calculator if you need a custom averaging window.

Per-gram and per-tola conversions. Every USD/oz figure is paired with per-gram and per-tola equivalents. We use 31.1035 g per troy ounce and 11.664 g per tola — the international and South Asian retail standards. These are pure metal values and exclude local taxes, dealer premiums and making charges.

Daily list and date drill-downs. Each row in the list above opens a full date page showing the same price across PKR, INR, AED, SAR, GBP, EUR and 100+ other currencies, with 24K, 22K, 21K and 18K purity breakdowns.

Rolling vs calendar-month numbers. The Price-action panel shows rolling-window stats anchored at the month-end close — 1-day, 7-day, 30-day and YTD. These differ from the calendar-month MoM badge: the badge compares Open to Close within December 1994, while rolling stats look back from the last trading day regardless of month boundaries.

Estate, inheritance & cost basis. Gold purchased in December 1994can be valued today against this archive's monthly average or month-end close, whichever your jurisdiction or accountant prefers. Capital gain = (today's live per-gram price − December 1994's per-gram cost basis) × weight in grams. Use the average-rate calculator to apply a custom period average.

Macro & monetary research. Use the December 1994 averages as a comparable XAU/USD reference point when pairing gold with concurrent CPI prints, central-bank rate decisions, or crude oil moves. The interactive historical chart lets you overlay multiple years and zoom from 1-month to 50-year windows for broader cycle context.

Strategy backtesting. The daily series for December 1994 supports dollar-cost-averaging, breakout and momentum backtests at 1-day granularity. Chain multiple 1994 month archives or step across years to build multi-year evaluation windows without a data terminal subscription.

Reference & teaching. December 1994 prices are commonly cited in finance and economics syllabi. Goldify Pro publishes a single canonical XAU/USD figure — no commercial premiums or local-market noise — alongside a full suite of tola, gram and karat converters for South Asian, East Asian and Western weight standards.

Source. Daily XAU/USD spot prices come from gold-api.com's historical archive. Each data point is the international gold spot price quoted in US dollars per troy ounce at the London PM benchmark window. We never adjust the published number — what you see is the source figure.

Aggregation. Monthly statistics (open, close, high, low, average, percentage change) are computed deterministically from the 25-point daily series for December 1994. Missing days (weekends, market holidays) are simply skipped — never estimated or interpolated — which is why some weeks contain fewer than five entries. See the 1994 annual archive for all months together.

Per-unit conversions. Every non-ounce price on the page is derived from the per-ounce figure using fixed weight constants: price/g = price/oz ÷ 31.1035 and price/tola = price/g × 11.664. We never compound rounding errors through intermediate units. The full Gold Guide explains all weight standards used globally.

Rolling-window stats. The 1-day, 7-day and 30-day moves in the Price-action panel are anchored at the December 1994closing trading day and look back through the year's full daily series — they don't restart at the month boundary. We use ~5 trading days for a calendar week and ~21 for a calendar month, the standard market convention.

Local-currency conversions. Country-by-country prices on the per-day pages are computed from the same XAU/USD figure, multiplied by the daily exchange rate from exchangerate-api. FX data extends back to 1 January 1990, which is why the site offers 1990-onwards monthly archives alongside USD-only archives for 1970–1989. Check live gold prices in 100+ currencies for today's equivalent.