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Gold's highest closing price on record
Gold closed at $1,095.20 per troy ounce on 1 December 2009, up $55.50 (5.34%) from the previous close of $1,039.70.
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 $883.60, making this a +23.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,095.20 per troy ounce on 1 December 2009. That is $55.50 higher than the previous close of $1,039.70, a move of 5.34%.
The gold price rose on 1 December 2009, gaining $55.50 (5.34%) against the previous session's close of $1,039.70.
At $1,095.20 per troy ounce, one gram of pure gold was worth about $35.21 on 1 December 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2009 18k gold was worth about $26.41 per gram and 14k about $20.54 per gram, against $35.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.1 on 1 December 2009, meaning one ounce of gold was worth roughly 65.1 ounces of silver.
A week before 1 December 2009, gold was around $1,039.70 per troy ounce, so the close of $1,095.20 is a gain of 5.3% over the week.
A month before 1 December 2009, gold was around $1,039.70 per troy ounce, so the close of $1,095.20 is a gain of 5.3% over the month.
A year before 1 December 2009, gold was around $883.60 per troy ounce. The close of $1,095.20 therefore represents a rise of 23.9% over twelve months.