Historical gold prices may provide information that may assist in buying or selling decisions. Looking at the big picture, gold trended higher for many years before making all-time highs in 2011 of nearly $2000 per ounce. Gold has since been moving lower but could have possibly found a bottom in 2016. Although it remains to be seen, gold’s declines from the 2011 highs could be a pullback within an even longer-term uptrend.