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Highest closing price since 1 March 2018
Gold closed at $1,319.70 per troy ounce on 1 January 2019, up $41.40 (3.24%) from the previous close of $1,278.30.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,339.00, making this a -1.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,319.70 per troy ounce on 1 January 2019. That is $41.40 higher than the previous close of $1,278.30, a move of 3.24%.
The gold price rose on 1 January 2019, gaining $41.40 (3.24%) against the previous session's close of $1,278.30.
At $1,319.70 per troy ounce, one gram of pure gold was worth about $42.43 on 1 January 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2019 18k gold was worth about $31.82 per gram and 14k about $24.75 per gram, against $42.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 82.4 on 1 January 2019, meaning one ounce of gold was worth roughly 82.4 ounces of silver.
A week before 1 January 2019, gold was around $1,278.30 per troy ounce, so the close of $1,319.70 is a gain of 3.2% over the week.
A month before 1 January 2019, gold was around $1,278.30 per troy ounce, so the close of $1,319.70 is a gain of 3.2% over the month.
A year before 1 January 2019, gold was around $1,339.00 per troy ounce. The close of $1,319.70 therefore represents a fall of 1.4% over twelve months.