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Highest closing price since 1 April 2022
Gold closed at $1,819.70 per troy ounce on 1 December 2022, up $73.70 (4.22%) from the previous close of $1,746.00.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,827.50, making this a -0.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,819.70 per troy ounce on 1 December 2022. That is $73.70 higher than the previous close of $1,746.00, a move of 4.22%.
The gold price rose on 1 December 2022, gaining $73.70 (4.22%) against the previous session's close of $1,746.00.
At $1,819.70 per troy ounce, one gram of pure gold was worth about $58.50 on 1 December 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 December 2022 18k gold was worth about $43.88 per gram and 14k about $34.13 per gram, against $58.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.3 on 1 December 2022, meaning one ounce of gold was worth roughly 76.3 ounces of silver.
A week before 1 December 2022, gold was around $1,746.00 per troy ounce, so the close of $1,819.70 is a gain of 4.2% over the week.
A month before 1 December 2022, gold was around $1,746.00 per troy ounce, so the close of $1,819.70 is a gain of 4.2% over the month.
A year before 1 December 2022, gold was around $1,827.50 per troy ounce. The close of $1,819.70 therefore represents a fall of 0.4% over twelve months.