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Gold's highest closing price on record
Gold closed at $1,118.30 per troy ounce on 1 February 2010, up $35.30 (3.26%) from the previous close of $1,083.00.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $927.30, making this a +20.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,118.30 per troy ounce on 1 February 2010. That is $35.30 higher than the previous close of $1,083.00, a move of 3.26%.
The gold price rose on 1 February 2010, gaining $35.30 (3.26%) against the previous session's close of $1,083.00.
At $1,118.30 per troy ounce, one gram of pure gold was worth about $35.95 on 1 February 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2010 18k gold was worth about $26.97 per gram and 14k about $20.97 per gram, against $35.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.8 on 1 February 2010, meaning one ounce of gold was worth roughly 67.8 ounces of silver.
A week before 1 February 2010, gold was around $1,083.00 per troy ounce, so the close of $1,118.30 is a gain of 3.3% over the week.
A month before 1 February 2010, gold was around $1,083.00 per troy ounce, so the close of $1,118.30 is a gain of 3.3% over the month.
A year before 1 February 2010, gold was around $927.30 per troy ounce. The close of $1,118.30 therefore represents a rise of 20.6% over twelve months.