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Lowest closing price since 1 June 2013
Gold closed at $1,250.60 per troy ounce on 1 November 2013, down $73.00 (5.52%) from the previous close of $1,323.60.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,710.90, making this a -26.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,250.60 per troy ounce on 1 November 2013. That is $73.00 lower than the previous close of $1,323.60, a move of -5.52%.
The gold price fell on 1 November 2013, losing $73.00 (5.52%) against the previous session's close of $1,323.60.
At $1,250.60 per troy ounce, one gram of pure gold was worth about $40.21 on 1 November 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2013 18k gold was worth about $30.16 per gram and 14k about $23.45 per gram, against $40.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.6 on 1 November 2013, meaning one ounce of gold was worth roughly 62.6 ounces of silver.
A week before 1 November 2013, gold was around $1,323.60 per troy ounce, so the close of $1,250.60 is a loss of 5.5% over the week.
A month before 1 November 2013, gold was around $1,323.60 per troy ounce, so the close of $1,250.60 is a loss of 5.5% over the month.
A year before 1 November 2013, gold was around $1,710.90 per troy ounce. The close of $1,250.60 therefore represents a fall of 26.9% over twelve months.