Lowest closing price since 1 June 2012
Gold closed at $1,660.60 per troy ounce on 1 January 2013, down $14.20 (0.85%) from the previous close of $1,674.80.
Notable session: highest close of the year.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,565.80, making this a +6.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,660.60 per troy ounce on 1 January 2013. That is $14.20 lower than the previous close of $1,674.80, a move of -0.85%.
The gold price fell on 1 January 2013, losing $14.20 (0.85%) against the previous session's close of $1,674.80.
At $1,660.60 per troy ounce, one gram of pure gold was worth about $53.39 on 1 January 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2013 18k gold was worth about $40.04 per gram and 14k about $31.14 per gram, against $53.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.0 on 1 January 2013, meaning one ounce of gold was worth roughly 53.0 ounces of silver.
A week before 1 January 2013, gold was around $1,674.80 per troy ounce, so the close of $1,660.60 is a loss of 0.8% over the week.
A month before 1 January 2013, gold was around $1,674.80 per troy ounce, so the close of $1,660.60 is a loss of 0.8% over the month.
A year before 1 January 2013, gold was around $1,565.80 per troy ounce. The close of $1,660.60 therefore represents a rise of 6.1% over twelve months.