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Gold's highest closing price on record
Gold closed at $1,828.50 per troy ounce on 1 August 2011, up $200.20 (12.30%) from the previous close of $1,628.30.
Notable session: highest close of the year; one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,181.70, making this a +54.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,828.50 per troy ounce on 1 August 2011. That is $200.20 higher than the previous close of $1,628.30, a move of 12.30%.
The gold price rose on 1 August 2011, gaining $200.20 (12.30%) against the previous session's close of $1,628.30.
At $1,828.50 per troy ounce, one gram of pure gold was worth about $58.79 on 1 August 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2011 18k gold was worth about $44.09 per gram and 14k about $34.29 per gram, against $58.79 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.8 on 1 August 2011, meaning one ounce of gold was worth roughly 43.8 ounces of silver.
A week before 1 August 2011, gold was around $1,628.30 per troy ounce, so the close of $1,828.50 is a gain of 12.3% over the week.
A month before 1 August 2011, gold was around $1,628.30 per troy ounce, so the close of $1,828.50 is a gain of 12.3% over the month.
A year before 1 August 2011, gold was around $1,181.70 per troy ounce. The close of $1,828.50 therefore represents a rise of 54.7% over twelve months.