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Highest closing price since 1 December 2010
Gold closed at $1,409.30 per troy ounce on 1 February 2011, up $75.50 (5.66%) from the previous close of $1,333.80.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,118.30, making this a +26.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,409.30 per troy ounce on 1 February 2011. That is $75.50 higher than the previous close of $1,333.80, a move of 5.66%.
The gold price rose on 1 February 2011, gaining $75.50 (5.66%) against the previous session's close of $1,333.80.
At $1,409.30 per troy ounce, one gram of pure gold was worth about $45.31 on 1 February 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2011 18k gold was worth about $33.98 per gram and 14k about $26.43 per gram, against $45.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 41.7 on 1 February 2011, meaning one ounce of gold was worth roughly 41.7 ounces of silver.
A week before 1 February 2011, gold was around $1,333.80 per troy ounce, so the close of $1,409.30 is a gain of 5.7% over the week.
A month before 1 February 2011, gold was around $1,333.80 per troy ounce, so the close of $1,409.30 is a gain of 5.7% over the month.
A year before 1 February 2011, gold was around $1,118.30 per troy ounce. The close of $1,409.30 therefore represents a rise of 26.0% over twelve months.