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Lowest closing price since 1 December 2017
Gold closed at $1,315.50 per troy ounce on 1 February 2018, down $23.50 (1.76%) from the previous close of $1,339.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,252.60, making this a +5.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,315.50 per troy ounce on 1 February 2018. That is $23.50 lower than the previous close of $1,339.00, a move of -1.76%.
The gold price fell on 1 February 2018, losing $23.50 (1.76%) against the previous session's close of $1,339.00.
At $1,315.50 per troy ounce, one gram of pure gold was worth about $42.29 on 1 February 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2018 18k gold was worth about $31.72 per gram and 14k about $24.67 per gram, against $42.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.6 on 1 February 2018, meaning one ounce of gold was worth roughly 80.6 ounces of silver.
A week before 1 February 2018, gold was around $1,339.00 per troy ounce, so the close of $1,315.50 is a loss of 1.8% over the week.
A month before 1 February 2018, gold was around $1,339.00 per troy ounce, so the close of $1,315.50 is a loss of 1.8% over the month.
A year before 1 February 2018, gold was around $1,252.60 per troy ounce. The close of $1,315.50 therefore represents a rise of 5.0% over twelve months.