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Lowest closing price since 1 March 2011
Gold closed at $1,472.20 per troy ounce on 1 April 2013, down $122.60 (7.69%) from the previous close of $1,594.80.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,669.30, making this a -11.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,472.20 per troy ounce on 1 April 2013. That is $122.60 lower than the previous close of $1,594.80, a move of -7.69%.
The gold price fell on 1 April 2013, losing $122.60 (7.69%) against the previous session's close of $1,594.80.
At $1,472.20 per troy ounce, one gram of pure gold was worth about $47.33 on 1 April 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 April 2013 18k gold was worth about $35.50 per gram and 14k about $27.61 per gram, against $47.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.0 on 1 April 2013, meaning one ounce of gold was worth roughly 61.0 ounces of silver.
A week before 1 April 2013, gold was around $1,594.80 per troy ounce, so the close of $1,472.20 is a loss of 7.7% over the week.
A month before 1 April 2013, gold was around $1,594.80 per troy ounce, so the close of $1,472.20 is a loss of 7.7% over the month.
A year before 1 April 2013, gold was around $1,669.30 per troy ounce. The close of $1,472.20 therefore represents a fall of 11.8% over twelve months.