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Highest closing price since 1 August 2013
Gold closed at $1,349.00 per troy ounce on 1 July 2016, up $30.60 (2.32%) from the previous close of $1,318.40.
Notable session: highest close of the year.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,094.90, making this a +23.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,349.00 per troy ounce on 1 July 2016. That is $30.60 higher than the previous close of $1,318.40, a move of 2.32%.
The gold price rose on 1 July 2016, gaining $30.60 (2.32%) against the previous session's close of $1,318.40.
At $1,349.00 per troy ounce, one gram of pure gold was worth about $43.37 on 1 July 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 July 2016 18k gold was worth about $32.53 per gram and 14k about $25.30 per gram, against $43.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 1 July 2016, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 1 July 2016, gold was around $1,318.40 per troy ounce, so the close of $1,349.00 is a gain of 2.3% over the week.
A month before 1 July 2016, gold was around $1,318.40 per troy ounce, so the close of $1,349.00 is a gain of 2.3% over the month.
A year before 1 July 2016, gold was around $1,094.90 per troy ounce. The close of $1,349.00 therefore represents a rise of 23.2% over twelve months.