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Lowest closing price since 1 July 2017
Gold closed at $1,273.20 per troy ounce on 1 November 2017, down $8.300 (0.65%) from the previous close of $1,281.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,170.80, making this a +8.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,273.20 per troy ounce on 1 November 2017. That is $8.30 lower than the previous close of $1,281.50, a move of -0.65%.
The gold price fell on 1 November 2017, losing $8.30 (0.65%) against the previous session's close of $1,281.50.
At $1,273.20 per troy ounce, one gram of pure gold was worth about $40.93 on 1 November 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2017 18k gold was worth about $30.70 per gram and 14k about $23.88 per gram, against $40.93 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.7 on 1 November 2017, meaning one ounce of gold was worth roughly 77.7 ounces of silver.
A week before 1 November 2017, gold was around $1,281.50 per troy ounce, so the close of $1,273.20 is a loss of 0.6% over the week.
A month before 1 November 2017, gold was around $1,281.50 per troy ounce, so the close of $1,273.20 is a loss of 0.6% over the month.
A year before 1 November 2017, gold was around $1,170.80 per troy ounce. The close of $1,273.20 therefore represents a rise of 8.7% over twelve months.