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Highest closing price since 1 August 2020
Gold closed at $1,893.10 per troy ounce on 1 December 2020, up $15.70 (0.84%) from the previous close of $1,877.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,465.60, making this a +29.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,893.10 per troy ounce on 1 December 2020. That is $15.70 higher than the previous close of $1,877.40, a move of 0.84%.
The gold price rose on 1 December 2020, gaining $15.70 (0.84%) against the previous session's close of $1,877.40.
At $1,893.10 per troy ounce, one gram of pure gold was worth about $60.86 on 1 December 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2020 18k gold was worth about $45.65 per gram and 14k about $35.50 per gram, against $60.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.9 on 1 December 2020, meaning one ounce of gold was worth roughly 71.9 ounces of silver.
A week before 1 December 2020, gold was around $1,877.40 per troy ounce, so the close of $1,893.10 is a gain of 0.8% over the week.
A month before 1 December 2020, gold was around $1,877.40 per troy ounce, so the close of $1,893.10 is a gain of 0.8% over the month.
A year before 1 December 2020, gold was around $1,465.60 per troy ounce. The close of $1,893.10 therefore represents a rise of 29.2% over twelve months.