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Gold's lowest closing price on record
Gold closed at $270.10 per troy ounce on 1 November 2000, down $3.500 (1.28%) from the previous close of $273.60.
Notable session: lowest close of the year.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $270.10 per troy ounce on 1 November 2000. That is $3.50 lower than the previous close of $273.60, a move of -1.28%.
The gold price fell on 1 November 2000, losing $3.50 (1.28%) against the previous session's close of $273.60.
At $270.10 per troy ounce, one gram of pure gold was worth about $8.68 on 1 November 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2000 18k gold was worth about $6.51 per gram and 14k about $5.07 per gram, against $8.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.8 on 1 November 2000, meaning one ounce of gold was worth roughly 57.8 ounces of silver.
A week before 1 November 2000, gold was around $273.60 per troy ounce, so the close of $270.10 is a loss of 1.3% over the week.
A month before 1 November 2000, gold was around $273.60 per troy ounce, so the close of $270.10 is a loss of 1.3% over the month.