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Lowest closing price since 1 June 2012
Gold closed at $1,674.80 per troy ounce on 1 December 2012, down $36.10 (2.11%) from the previous close of $1,710.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,565.80, making this a +6.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,674.80 per troy ounce on 1 December 2012. That is $36.10 lower than the previous close of $1,710.90, a move of -2.11%.
The gold price fell on 1 December 2012, losing $36.10 (2.11%) against the previous session's close of $1,710.90.
At $1,674.80 per troy ounce, one gram of pure gold was worth about $53.85 on 1 December 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2012 18k gold was worth about $40.38 per gram and 14k about $31.41 per gram, against $53.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.5 on 1 December 2012, meaning one ounce of gold was worth roughly 55.5 ounces of silver.
A week before 1 December 2012, gold was around $1,710.90 per troy ounce, so the close of $1,674.80 is a loss of 2.1% over the week.
A month before 1 December 2012, gold was around $1,710.90 per troy ounce, so the close of $1,674.80 is a loss of 2.1% over the month.
A year before 1 December 2012, gold was around $1,565.80 per troy ounce. The close of $1,674.80 therefore represents a rise of 7.0% over twelve months.