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Gold's highest closing price on record
Gold closed at $1,307.80 per troy ounce on 1 September 2010, up $126.10 (10.67%) from the previous close of $1,181.70.
Notable session: one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,008.00, making this a +29.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,307.80 per troy ounce on 1 September 2010. That is $126.10 higher than the previous close of $1,181.70, a move of 10.67%.
The gold price rose on 1 September 2010, gaining $126.10 (10.67%) against the previous session's close of $1,181.70.
At $1,307.80 per troy ounce, one gram of pure gold was worth about $42.05 on 1 September 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2010 18k gold was worth about $31.54 per gram and 14k about $24.53 per gram, against $42.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.0 on 1 September 2010, meaning one ounce of gold was worth roughly 60.0 ounces of silver.
A week before 1 September 2010, gold was around $1,181.70 per troy ounce, so the close of $1,307.80 is a gain of 10.7% over the week.
A month before 1 September 2010, gold was around $1,181.70 per troy ounce, so the close of $1,307.80 is a gain of 10.7% over the month.
A year before 1 September 2010, gold was around $1,008.00 per troy ounce. The close of $1,307.80 therefore represents a rise of 29.7% over twelve months.