A Sound-Money Calculator · USD
What $100 in 2025 was worth — measured in gold
The price of gold didn't get more expensive. The value of the US dollar fell.
of the US dollar's value, gone — measured in gold, since 2025.
It now takes 1.2× more dollars to buy the same ounce.
In 2025, $100 bought 0.03 oz of gold at $3,440/oz. Held as metal, that same money is worth $118 at today's gold price of $4,043/oz (spot as of 2026-08-02).
Same $100. Three rulers.
| Measure | $100 from 2025, today | Multiple |
|---|---|---|
| Official story — CPI-U (BLS) | $104 | 1.0× |
| Money created — M2 money supply | $105 | 1.0× |
| In gold — honest weight, valued today | $118 | 1.2× |
The gap between 1.0× (CPI) and 1.0× (M2) is official inflation understating the money actually created. The gap between 1.0× and 1.2× (gold) is the flight to hard money — gold outrunning even the printing.
2025 in the fiat story
Inflation reached 9% on the official measure — more by others — while central banks themselves became record gold buyers. Gold made new all-time highs against every fiat currency. The flight to hard money is no longer a retail phenomenon; it is official policy everywhere except in the language.
Try your own numbers
The In Gold calculator runs any amount and any year — USD from 1913, or see 2025 in AUD.
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