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Highest closing price since 1 August 2011
Gold closed at $1,771.10 per troy ounce on 1 September 2012, up $86.50 (5.13%) from the previous close of $1,684.60.
Notable session: highest close of the year; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,620.40, making this a +9.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,771.10 per troy ounce on 1 September 2012. That is $86.50 higher than the previous close of $1,684.60, a move of 5.13%.
The gold price rose on 1 September 2012, gaining $86.50 (5.13%) against the previous session's close of $1,684.60.
At $1,771.10 per troy ounce, one gram of pure gold was worth about $56.94 on 1 September 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2012 18k gold was worth about $42.71 per gram and 14k about $33.22 per gram, against $56.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.3 on 1 September 2012, meaning one ounce of gold was worth roughly 51.3 ounces of silver.
A week before 1 September 2012, gold was around $1,684.60 per troy ounce, so the close of $1,771.10 is a gain of 5.1% over the week.
A month before 1 September 2012, gold was around $1,684.60 per troy ounce, so the close of $1,771.10 is a gain of 5.1% over the month.
A year before 1 September 2012, gold was around $1,620.40 per troy ounce. The close of $1,771.10 therefore represents a rise of 9.3% over twelve months.