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Highest closing price since 1 February 2012
Gold closed at $1,684.60 per troy ounce on 1 August 2012, up $81.10 (5.06%) from the previous close of $1,603.50.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,828.50, making this a -7.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,684.60 per troy ounce on 1 August 2012. That is $81.10 higher than the previous close of $1,603.50, a move of 5.06%.
The gold price rose on 1 August 2012, gaining $81.10 (5.06%) against the previous session's close of $1,603.50.
At $1,684.60 per troy ounce, one gram of pure gold was worth about $54.16 on 1 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2012 18k gold was worth about $40.62 per gram and 14k about $31.59 per gram, against $54.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.7 on 1 August 2012, meaning one ounce of gold was worth roughly 53.7 ounces of silver.
A week before 1 August 2012, gold was around $1,603.50 per troy ounce, so the close of $1,684.60 is a gain of 5.1% over the week.
A month before 1 August 2012, gold was around $1,603.50 per troy ounce, so the close of $1,684.60 is a gain of 5.1% over the month.
A year before 1 August 2012, gold was around $1,828.50 per troy ounce. The close of $1,684.60 therefore represents a fall of 7.9% over twelve months.