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Highest closing price since 1 September 2016
Gold closed at $1,272.00 per troy ounce on 1 May 2017, up $5.900 (0.47%) from the previous close of $1,266.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,289.20, making this a -1.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,272.00 per troy ounce on 1 May 2017. That is $5.90 higher than the previous close of $1,266.10, a move of 0.47%.
The gold price rose on 1 May 2017, gaining $5.90 (0.47%) against the previous session's close of $1,266.10.
At $1,272.00 per troy ounce, one gram of pure gold was worth about $40.90 on 1 May 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2017 18k gold was worth about $30.67 per gram and 14k about $23.86 per gram, against $40.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.2 on 1 May 2017, meaning one ounce of gold was worth roughly 73.2 ounces of silver.
A week before 1 May 2017, gold was around $1,266.10 per troy ounce, so the close of $1,272.00 is a gain of 0.5% over the week.
A month before 1 May 2017, gold was around $1,266.10 per troy ounce, so the close of $1,272.00 is a gain of 0.5% over the month.
A year before 1 May 2017, gold was around $1,289.20 per troy ounce. The close of $1,272.00 therefore represents a fall of 1.3% over twelve months.