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Highest closing price since 1 April 2014
Gold closed at $1,285.80 per troy ounce on 1 August 2014, up $4.500 (0.35%) from the previous close of $1,281.30.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,396.10, making this a -7.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,285.80 per troy ounce on 1 August 2014. That is $4.50 higher than the previous close of $1,281.30, a move of 0.35%.
The gold price rose on 1 August 2014, gaining $4.50 (0.35%) against the previous session's close of $1,281.30.
At $1,285.80 per troy ounce, one gram of pure gold was worth about $41.34 on 1 August 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2014 18k gold was worth about $31.00 per gram and 14k about $24.11 per gram, against $41.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.3 on 1 August 2014, meaning one ounce of gold was worth roughly 66.3 ounces of silver.
A week before 1 August 2014, gold was around $1,281.30 per troy ounce, so the close of $1,285.80 is a gain of 0.4% over the week.
A month before 1 August 2014, gold was around $1,281.30 per troy ounce, so the close of $1,285.80 is a gain of 0.4% over the month.
A year before 1 August 2014, gold was around $1,396.10 per troy ounce. The close of $1,285.80 therefore represents a fall of 7.9% over twelve months.