Gold breaks record again, price surpasses inflation-adjusted peak 45 years ago

According to BlockBeats, on September 12, gold prices have surpassed the inflation-adjusted peak 45 years ago. As market concerns about the outlook for the U.S. economy intensified, gold has continued its strong bull market in the past three years and entered unknown areas. Spot gold prices have risen about 5% so far this month, hitting an all-time high of $3,674.27 on Tuesday. Gold has set more than 30 nominal price records since 2025, and the latest round of gains also broke through the inflation-adjusted high set on January 21, 1980 — when gold prices reached $850 per ounce. Considering decades of rising consumer prices, that price equates to about $3,590 — although there are more than one way to adjust inflation, some calculations will yield a lower 1980 peak. But analysts and investors agree that gold has now steadily broken through this level, further consolidating its position as a time-honored anti-inflation and anti-currency depreciation tool. (Jin Shi)