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Lowest closing price since 1 September 2021
Gold closed at $1,762.90 per troy ounce on 1 July 2022, down $41.20 (2.28%) from the previous close of $1,804.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,812.60, making this a -2.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,762.90 per troy ounce on 1 July 2022. That is $41.20 lower than the previous close of $1,804.10, a move of -2.28%.
The gold price fell on 1 July 2022, losing $41.20 (2.28%) against the previous session's close of $1,804.10.
At $1,762.90 per troy ounce, one gram of pure gold was worth about $56.68 on 1 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 July 2022 18k gold was worth about $42.51 per gram and 14k about $33.06 per gram, against $56.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.5 on 1 July 2022, meaning one ounce of gold was worth roughly 87.5 ounces of silver.
A week before 1 July 2022, gold was around $1,804.10 per troy ounce, so the close of $1,762.90 is a loss of 2.3% over the week.
A month before 1 July 2022, gold was around $1,804.10 per troy ounce, so the close of $1,762.90 is a loss of 2.3% over the month.
A year before 1 July 2022, gold was around $1,812.60 per troy ounce. The close of $1,762.90 therefore represents a fall of 2.7% over twelve months.