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Highest closing price since 1 July 2016
Gold closed at $1,313.30 per troy ounce on 1 September 2016, up $6.400 (0.49%) from the previous close of $1,306.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,115.50, making this a +17.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,313.30 per troy ounce on 1 September 2016. That is $6.40 higher than the previous close of $1,306.90, a move of 0.49%.
The gold price rose on 1 September 2016, gaining $6.40 (0.49%) against the previous session's close of $1,306.90.
At $1,313.30 per troy ounce, one gram of pure gold was worth about $42.22 on 1 September 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2016 18k gold was worth about $31.67 per gram and 14k about $24.63 per gram, against $42.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.6 on 1 September 2016, meaning one ounce of gold was worth roughly 68.6 ounces of silver.
A week before 1 September 2016, gold was around $1,306.90 per troy ounce, so the close of $1,313.30 is a gain of 0.5% over the week.
A month before 1 September 2016, gold was around $1,306.90 per troy ounce, so the close of $1,313.30 is a gain of 0.5% over the month.
A year before 1 September 2016, gold was around $1,115.50 per troy ounce. The close of $1,313.30 therefore represents a rise of 17.7% over twelve months.