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Lowest closing price since 1 July 2017
Gold closed at $1,281.50 per troy ounce on 1 September 2017, down $34.70 (2.64%) from the previous close of $1,316.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,313.30, making this a -2.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,281.50 per troy ounce on 1 September 2017. That is $34.70 lower than the previous close of $1,316.20, a move of -2.64%.
The gold price fell on 1 September 2017, losing $34.70 (2.64%) against the previous session's close of $1,316.20.
At $1,281.50 per troy ounce, one gram of pure gold was worth about $41.20 on 1 September 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2017 18k gold was worth about $30.90 per gram and 14k about $24.03 per gram, against $41.20 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.2 on 1 September 2017, meaning one ounce of gold was worth roughly 77.2 ounces of silver.
A week before 1 September 2017, gold was around $1,316.20 per troy ounce, so the close of $1,281.50 is a loss of 2.6% over the week.
A month before 1 September 2017, gold was around $1,316.20 per troy ounce, so the close of $1,281.50 is a loss of 2.6% over the month.
A year before 1 September 2017, gold was around $1,313.30 per troy ounce. The close of $1,281.50 therefore represents a fall of 2.4% over twelve months.