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Gold's highest closing price on record
Gold closed at $1,967.60 per troy ounce on 1 August 2020, up $4.800 (0.24%) from the previous close of $1,962.80.
Notable session: highest close of the year.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,519.10, making this a +29.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,967.60 per troy ounce on 1 August 2020. That is $4.80 higher than the previous close of $1,962.80, a move of 0.24%.
The gold price rose on 1 August 2020, gaining $4.80 (0.24%) against the previous session's close of $1,962.80.
At $1,967.60 per troy ounce, one gram of pure gold was worth about $63.26 on 1 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 August 2020 18k gold was worth about $47.44 per gram and 14k about $36.90 per gram, against $63.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.2 on 1 August 2020, meaning one ounce of gold was worth roughly 69.2 ounces of silver.
A week before 1 August 2020, gold was around $1,962.80 per troy ounce, so the close of $1,967.60 is a gain of 0.2% over the week.
A month before 1 August 2020, gold was around $1,962.80 per troy ounce, so the close of $1,967.60 is a gain of 0.2% over the month.
A year before 1 August 2020, gold was around $1,519.10 per troy ounce. The close of $1,967.60 therefore represents a rise of 29.5% over twelve months.