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Lowest closing price since 1 November 2021
Gold closed at $1,795.00 per troy ounce on 1 January 2022, down $32.50 (1.78%) from the previous close of $1,827.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,847.30, making this a -2.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,795.00 per troy ounce on 1 January 2022. That is $32.50 lower than the previous close of $1,827.50, a move of -1.78%.
The gold price fell on 1 January 2022, losing $32.50 (1.78%) against the previous session's close of $1,827.50.
At $1,795.00 per troy ounce, one gram of pure gold was worth about $57.71 on 1 January 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2022 18k gold was worth about $43.28 per gram and 14k about $33.66 per gram, against $57.71 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.2 on 1 January 2022, meaning one ounce of gold was worth roughly 80.2 ounces of silver.
A week before 1 January 2022, gold was around $1,827.50 per troy ounce, so the close of $1,795.00 is a loss of 1.8% over the week.
A month before 1 January 2022, gold was around $1,827.50 per troy ounce, so the close of $1,795.00 is a loss of 1.8% over the month.
A year before 1 January 2022, gold was around $1,847.30 per troy ounce. The close of $1,795.00 therefore represents a fall of 2.8% over twelve months.