Lowest closing price since 1 October 2009
Gold closed at $1,083.00 per troy ounce on 1 January 2010, down $12.20 (1.11%) from the previous close of $1,095.20.
Notable session: lowest close of the year.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $927.30, making this a +16.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,083.00 per troy ounce on 1 January 2010. That is $12.20 lower than the previous close of $1,095.20, a move of -1.11%.
The gold price fell on 1 January 2010, losing $12.20 (1.11%) against the previous session's close of $1,095.20.
At $1,083.00 per troy ounce, one gram of pure gold was worth about $34.82 on 1 January 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2010 18k gold was worth about $26.11 per gram and 14k about $20.31 per gram, against $34.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.9 on 1 January 2010, meaning one ounce of gold was worth roughly 66.9 ounces of silver.
A week before 1 January 2010, gold was around $1,095.20 per troy ounce, so the close of $1,083.00 is a loss of 1.1% over the week.
A month before 1 January 2010, gold was around $1,095.20 per troy ounce, so the close of $1,083.00 is a loss of 1.1% over the month.
A year before 1 January 2010, gold was around $927.30 per troy ounce. The close of $1,083.00 therefore represents a rise of 16.8% over twelve months.