How much did a Oz of gold cost in the 1850?

In the 1850s, the price of gold fluctuated significantly, but it generally ranged from about $18 to $35 per ounce. This period coincided with the California Gold Rush, which increased gold supply and influenced its market value. The U.S. government set the official price of gold at $20.67 per ounce in 1834, which remained stable until 1933.