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Highest closing price since 1 September 2014
Gold closed at $1,183.90 per troy ounce on 1 December 2014, up $8.700 (0.74%) from the previous close of $1,175.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,250.60, making this a -5.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,183.90 per troy ounce on 1 December 2014. That is $8.70 higher than the previous close of $1,175.20, a move of 0.74%.
The gold price rose on 1 December 2014, gaining $8.70 (0.74%) against the previous session's close of $1,175.20.
At $1,183.90 per troy ounce, one gram of pure gold was worth about $38.06 on 1 December 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2014 18k gold was worth about $28.55 per gram and 14k about $22.20 per gram, against $38.06 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.1 on 1 December 2014, meaning one ounce of gold was worth roughly 76.1 ounces of silver.
A week before 1 December 2014, gold was around $1,175.20 per troy ounce, so the close of $1,183.90 is a gain of 0.7% over the week.
A month before 1 December 2014, gold was around $1,175.20 per troy ounce, so the close of $1,183.90 is a gain of 0.7% over the month.
A year before 1 December 2014, gold was around $1,250.60 per troy ounce. The close of $1,183.90 therefore represents a fall of 5.3% over twelve months.