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Highest closing price since 1 October 2016
Gold closed at $1,252.60 per troy ounce on 1 February 2017, up $102.60 (8.92%) from the previous close of $1,150.00.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,233.90, making this a +1.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,252.60 per troy ounce on 1 February 2017. That is $102.60 higher than the previous close of $1,150.00, a move of 8.92%.
The gold price rose on 1 February 2017, gaining $102.60 (8.92%) against the previous session's close of $1,150.00.
At $1,252.60 per troy ounce, one gram of pure gold was worth about $40.27 on 1 February 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2017 18k gold was worth about $30.20 per gram and 14k about $23.49 per gram, against $40.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.0 on 1 February 2017, meaning one ounce of gold was worth roughly 68.0 ounces of silver.
A week before 1 February 2017, gold was around $1,150.00 per troy ounce, so the close of $1,252.60 is a gain of 8.9% over the week.
A month before 1 February 2017, gold was around $1,150.00 per troy ounce, so the close of $1,252.60 is a gain of 8.9% over the month.
A year before 1 February 2017, gold was around $1,233.90 per troy ounce. The close of $1,252.60 therefore represents a rise of 1.5% over twelve months.