Price of Gold in 1993 Adjusted for Inflation

The highest price of gold was $406.70 per ounce in 1993. How much is that worth in current dollars when taking inflation into account? How much is an oz of gold in 1993 worth adjusted for inflation? The price reached a maximum price of 406.70/oz in 1993.
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$406.70 from 1993 to 2024 adjusted for inflation. We use the Consumer Price Index provided by the Bureau of Labor Statistics. They aggregate prices over time to determine the CPI.
How much is 406.70 in 1993 worth in current dollars?
What was the rate of inflation since 1993 on 406.70?
How has the cost of living changed since 1993?
What was the value of $406.70 in 1993? Every year, the US dollar is usually worth less due to inflation. We calculate what $406.70 in 1993 is worth now.