Highest closing price since 1 July 2022
Gold closed at $1,746.00 per troy ounce on 1 November 2022, up $110.10 (6.73%) from the previous close of $1,635.90.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,773.60, making this a -1.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,746.00 per troy ounce on 1 November 2022. That is $110.10 higher than the previous close of $1,635.90, a move of 6.73%.
The gold price rose on 1 November 2022, gaining $110.10 (6.73%) against the previous session's close of $1,635.90.
At $1,746.00 per troy ounce, one gram of pure gold was worth about $56.14 on 1 November 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2022 18k gold was worth about $42.10 per gram and 14k about $32.75 per gram, against $56.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.0 on 1 November 2022, meaning one ounce of gold was worth roughly 81.0 ounces of silver.
A week before 1 November 2022, gold was around $1,635.90 per troy ounce, so the close of $1,746.00 is a gain of 6.7% over the week.
A month before 1 November 2022, gold was around $1,635.90 per troy ounce, so the close of $1,746.00 is a gain of 6.7% over the month.
A year before 1 November 2022, gold was around $1,773.60 per troy ounce. The close of $1,746.00 therefore represents a fall of 1.6% over twelve months.