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Lowest closing price since 1 July 2019
Gold closed at $1,511.40 per troy ounce on 1 October 2019, down $7.700 (0.51%) from the previous close of $1,519.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,212.30, making this a +24.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,511.40 per troy ounce on 1 October 2019. That is $7.70 lower than the previous close of $1,519.10, a move of -0.51%.
The gold price fell on 1 October 2019, losing $7.70 (0.51%) against the previous session's close of $1,519.10.
At $1,511.40 per troy ounce, one gram of pure gold was worth about $48.59 on 1 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 October 2019 18k gold was worth about $36.44 per gram and 14k about $28.35 per gram, against $48.59 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.9 on 1 October 2019, meaning one ounce of gold was worth roughly 83.9 ounces of silver.
A week before 1 October 2019, gold was around $1,519.10 per troy ounce, so the close of $1,511.40 is a loss of 0.5% over the week.
A month before 1 October 2019, gold was around $1,519.10 per troy ounce, so the close of $1,511.40 is a loss of 0.5% over the month.
A year before 1 October 2019, gold was around $1,212.30 per troy ounce. The close of $1,511.40 therefore represents a rise of 24.7% over twelve months.