Lowest closing price since 1 July 2013
Gold closed at $1,323.60 per troy ounce on 1 October 2013, down $72.50 (5.19%) from the previous close of $1,396.10.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,717.50, making this a -22.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,323.60 per troy ounce on 1 October 2013. That is $72.50 lower than the previous close of $1,396.10, a move of -5.19%.
The gold price fell on 1 October 2013, losing $72.50 (5.19%) against the previous session's close of $1,396.10.
At $1,323.60 per troy ounce, one gram of pure gold was worth about $42.55 on 1 October 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 October 2013 18k gold was worth about $31.92 per gram and 14k about $24.82 per gram, against $42.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.6 on 1 October 2013, meaning one ounce of gold was worth roughly 60.6 ounces of silver.
A week before 1 October 2013, gold was around $1,396.10 per troy ounce, so the close of $1,323.60 is a loss of 5.2% over the week.
A month before 1 October 2013, gold was around $1,396.10 per troy ounce, so the close of $1,323.60 is a loss of 5.2% over the month.
A year before 1 October 2013, gold was around $1,717.50 per troy ounce. The close of $1,323.60 therefore represents a fall of 22.9% over twelve months.