Loading…
Lowest closing price since 1 August 2012
Gold closed at $1,717.50 per troy ounce on 1 October 2012, down $53.60 (3.03%) from the previous close of $1,771.10.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,724.20, making this a -0.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,717.50 per troy ounce on 1 October 2012. That is $53.60 lower than the previous close of $1,771.10, a move of -3.03%.
The gold price fell on 1 October 2012, losing $53.60 (3.03%) against the previous session's close of $1,771.10.
At $1,717.50 per troy ounce, one gram of pure gold was worth about $55.22 on 1 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 October 2012 18k gold was worth about $41.41 per gram and 14k about $32.21 per gram, against $55.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.2 on 1 October 2012, meaning one ounce of gold was worth roughly 53.2 ounces of silver.
A week before 1 October 2012, gold was around $1,771.10 per troy ounce, so the close of $1,717.50 is a loss of 3.0% over the week.
A month before 1 October 2012, gold was around $1,771.10 per troy ounce, so the close of $1,717.50 is a loss of 3.0% over the month.
A year before 1 October 2012, gold was around $1,724.20 per troy ounce. The close of $1,717.50 therefore represents a fall of 0.4% over twelve months.