What $100 in 1995 was worth — measured in gold

The price of gold didn't get more expensive. The value of the Australian dollar fell.

91.0%

of the Australian dollar's value, gone — measured in gold, since 1995.
It now takes 11.1× more dollars to buy the same ounce.

In 1995, $100 bought 0.19 oz of gold at $519/oz. Held as metal, that same money is worth $1,110 at today's gold price of $5,761/oz (spot as of 2026-08-02).

Same $100. Three rulers.

Measure	$100 from 1995, today	Multiple
Official story — AU CPI (ABS via FRED)	$216	2.2×
Money created — M3 broad money	$990	9.9×
In gold — honest weight, valued today	$1,110	11.1×

The gap between 2.2× (CPI) and 9.9× (M3) is official inflation understating the money actually created. The gap between 9.9× and 11.1× (gold) is the flight to hard money — gold outrunning even the printing.

1995 in the fiat story

"The recession we had to have" opened the decade; inflation targeting arrived in 1993. Gold spent the nineties in a global bear market, which made the Australian dollar look sounder than it was.

Try your own numbers

The In Gold calculator runs any amount and any year — AUD from 1971, or see 1995 in USD.

← $100 in 1994 $100 in 1996 →

Method. Gold weight = amount ÷ the gold price of that year; "today" figures rebase the same amount by CPI, money supply, and gold spot. Deterministic — no estimates, no models, no AI in the number path. Annual averages. Sources: FRED CPIAUCNS, FRED M2SL, MeasuringWorth, GoldAPI live spot. Not financial advice. In Gold — the calculator · API
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