Loading…
Highest closing price since 1 August 2011
Gold closed at $1,745.50 per troy ounce on 1 November 2011, up $21.30 (1.24%) from the previous close of $1,724.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,385.00, making this a +26.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,745.50 per troy ounce on 1 November 2011. That is $21.30 higher than the previous close of $1,724.20, a move of 1.24%.
The gold price rose on 1 November 2011, gaining $21.30 (1.24%) against the previous session's close of $1,724.20.
At $1,745.50 per troy ounce, one gram of pure gold was worth about $56.12 on 1 November 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2011 18k gold was worth about $42.09 per gram and 14k about $32.74 per gram, against $56.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.3 on 1 November 2011, meaning one ounce of gold was worth roughly 53.3 ounces of silver.
A week before 1 November 2011, gold was around $1,724.20 per troy ounce, so the close of $1,745.50 is a gain of 1.2% over the week.
A month before 1 November 2011, gold was around $1,724.20 per troy ounce, so the close of $1,745.50 is a gain of 1.2% over the month.
A year before 1 November 2011, gold was around $1,385.00 per troy ounce. The close of $1,745.50 therefore represents a rise of 26.0% over twelve months.