Highest closing price since 1 January 2015
Gold closed at $1,233.90 per troy ounce on 1 February 2016, up $117.50 (10.52%) from the previous close of $1,116.40.
Notable session: one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,278.50, making this a -3.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,233.90 per troy ounce on 1 February 2016. That is $117.50 higher than the previous close of $1,116.40, a move of 10.52%.
The gold price rose on 1 February 2016, gaining $117.50 (10.52%) against the previous session's close of $1,116.40.
At $1,233.90 per troy ounce, one gram of pure gold was worth about $39.67 on 1 February 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2016 18k gold was worth about $29.75 per gram and 14k about $23.14 per gram, against $39.67 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 82.8 on 1 February 2016, meaning one ounce of gold was worth roughly 82.8 ounces of silver.
A week before 1 February 2016, gold was around $1,116.40 per troy ounce, so the close of $1,233.90 is a gain of 10.5% over the week.
A month before 1 February 2016, gold was around $1,116.40 per troy ounce, so the close of $1,233.90 is a gain of 10.5% over the month.
A year before 1 February 2016, gold was around $1,278.50 per troy ounce. The close of $1,233.90 therefore represents a fall of 3.5% over twelve months.