-
Colorado beomes a territory
1858- 1860 Gold is worth: $20.67 an ounce -
Period: to
The Price of Gold Over Colorado History
This is a timeline showing how the value of gold has changed over time during a period of Colorado history (from 1858 when it was a territory to the end of WW1 in 1918). -
The South secedes from the Union
Civil war has started. 1861 Gold is worth: $20.67 an ounce -
Civil War is raging between the North and the South
1862 Gold is worth: $27.35 an ounce -
Civil War continues
Civil War continues. The price of gold goes up. 1863 Gold is worth: $31.23 an ounce -
Civil War continues
The Civil War continues. The price of gold keeps going up. 1864 Gold is worth: $47.02 -
Civil War ends
Civil War ends. The price of gold falls. 1865 Gold is worth: $30.22 an ounce -
Colorado
1866 Gold is worth: $28.26 an ounce -
Colorado
1867 Gold is worth: $27.86 an ounce -
Colorado
1868 Gold is worth: $27.95 an ounce -
Colorado
1869 Gold was worth: $25.11 an ounce -
Colorado
1870 Gold was worth: $22.88 an ounce -
Colorado
1871 Gold is worth: $22.59 an ounce -
Colorado
1872 Gold is worth: $23.19 an ounce -
Colorado
1873 Gold is worth: $22.74 an ounce -
Colorado
1874 Gold is worth: $23.09 an ounce -
Colorado
1875 Gold is worth: $23.54 an ounce -
Colorado becomes a state
Colorado becomes the 38th state in the Union. 1876 Gold is worth: $22.30 -
Colorado
1877 Gold is worth: $21.25 an ounce -
Colorado
1878 Gold is worth: $20.69 an ounce -
Gold Standard (1879- 1932)
The gold standard is adopted, which keeps the price of gold level between 1879 and 1932. WW1 (1914- 1918) happens and the Stock Market crashes (1929) during this time period. Indutrialization also happens, which changes the entire future of America. 1880- 1932 Gold is worth: $20.67 an ounce -
World War 1 ends, Influenza outbreak
World War 1 ends. Influenza outbreak kills thousands. Gold Standard is still in effect. 1918 Gold is worth: $20.67 an ounce