Lowest closing price since 1 March 2021
Gold closed at $1,755.30 per troy ounce on 1 September 2021, down $57.30 (3.16%) from the previous close of $1,812.60.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,887.50, making this a -7.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,755.30 per troy ounce on 1 September 2021. That is $57.30 lower than the previous close of $1,812.60, a move of -3.16%.
The gold price fell on 1 September 2021, losing $57.30 (3.16%) against the previous session's close of $1,812.60.
At $1,755.30 per troy ounce, one gram of pure gold was worth about $56.43 on 1 September 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2021 18k gold was worth about $42.33 per gram and 14k about $32.92 per gram, against $56.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.7 on 1 September 2021, meaning one ounce of gold was worth roughly 79.7 ounces of silver.
A week before 1 September 2021, gold was around $1,812.60 per troy ounce, so the close of $1,755.30 is a loss of 3.2% over the week.
A month before 1 September 2021, gold was around $1,812.60 per troy ounce, so the close of $1,755.30 is a loss of 3.2% over the month.
A year before 1 September 2021, gold was around $1,887.50 per troy ounce. The close of $1,755.30 therefore represents a fall of 7.0% over twelve months.