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Highest closing price since 1 March 2013
Gold closed at $1,519.10 per troy ounce on 1 August 2019, up $93.00 (6.52%) from the previous close of $1,426.10.
Notable session: highest close of the year; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,200.30, making this a +26.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,519.10 per troy ounce on 1 August 2019. That is $93.00 higher than the previous close of $1,426.10, a move of 6.52%.
The gold price rose on 1 August 2019, gaining $93.00 (6.52%) against the previous session's close of $1,426.10.
At $1,519.10 per troy ounce, one gram of pure gold was worth about $48.84 on 1 August 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2019 18k gold was worth about $36.63 per gram and 14k about $28.49 per gram, against $48.84 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.5 on 1 August 2019, meaning one ounce of gold was worth roughly 83.5 ounces of silver.
A week before 1 August 2019, gold was around $1,426.10 per troy ounce, so the close of $1,519.10 is a gain of 6.5% over the week.
A month before 1 August 2019, gold was around $1,426.10 per troy ounce, so the close of $1,519.10 is a gain of 6.5% over the month.
A year before 1 August 2019, gold was around $1,200.30 per troy ounce. The close of $1,519.10 therefore represents a rise of 26.6% over twelve months.