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Lowest closing price since 1 December 2018
Gold closed at $1,312.80 per troy ounce on 1 February 2019, down $6.900 (0.52%) from the previous close of $1,319.70.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,315.50, making this a -0.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,312.80 per troy ounce on 1 February 2019. That is $6.90 lower than the previous close of $1,319.70, a move of -0.52%.
The gold price fell on 1 February 2019, losing $6.90 (0.52%) against the previous session's close of $1,319.70.
At $1,312.80 per troy ounce, one gram of pure gold was worth about $42.21 on 1 February 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 February 2019 18k gold was worth about $31.66 per gram and 14k about $24.62 per gram, against $42.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.5 on 1 February 2019, meaning one ounce of gold was worth roughly 84.5 ounces of silver.
A week before 1 February 2019, gold was around $1,319.70 per troy ounce, so the close of $1,312.80 is a loss of 0.5% over the week.
A month before 1 February 2019, gold was around $1,319.70 per troy ounce, so the close of $1,312.80 is a loss of 0.5% over the month.
A year before 1 February 2019, gold was around $1,315.50 per troy ounce. The close of $1,312.80 therefore represents a fall of 0.2% over twelve months.