Loading…
Highest closing price since 1 August 2017
Gold closed at $1,306.30 per troy ounce on 1 December 2017, up $33.10 (2.60%) from the previous close of $1,273.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,150.00, making this a +13.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,306.30 per troy ounce on 1 December 2017. That is $33.10 higher than the previous close of $1,273.20, a move of 2.60%.
The gold price rose on 1 December 2017, gaining $33.10 (2.60%) against the previous session's close of $1,273.20.
At $1,306.30 per troy ounce, one gram of pure gold was worth about $42.00 on 1 December 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2017 18k gold was worth about $31.50 per gram and 14k about $24.50 per gram, against $42.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.6 on 1 December 2017, meaning one ounce of gold was worth roughly 76.6 ounces of silver.
A week before 1 December 2017, gold was around $1,273.20 per troy ounce, so the close of $1,306.30 is a gain of 2.6% over the week.
A month before 1 December 2017, gold was around $1,273.20 per troy ounce, so the close of $1,306.30 is a gain of 2.6% over the month.
A year before 1 December 2017, gold was around $1,150.00 per troy ounce. The close of $1,306.30 therefore represents a rise of 13.6% over twelve months.