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Gold's highest closing price on record
Gold closed at $3,840.80 per troy ounce on 1 September 2025, up $367.10 (10.57%) from the previous close of $3,473.70.
Notable session: highest close of the month; 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 $2,493.80, making this a +54.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,840.80 per troy ounce on 1 September 2025. That is $367.10 higher than the previous close of $3,473.70, a move of 10.57%.
The gold price rose on 1 September 2025, gaining $367.10 (10.57%) against the previous session's close of $3,473.70.
At $3,840.80 per troy ounce, one gram of pure gold was worth about $123.48 on 1 September 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 September 2025 18k gold was worth about $92.61 per gram and 14k about $72.03 per gram, against $123.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.0 on 1 September 2025, meaning one ounce of gold was worth roughly 83.0 ounces of silver.
A week before 1 September 2025, gold was around $3,373.80 per troy ounce, so the close of $3,840.80 is a gain of 13.8% over the week.
A month before 1 September 2025, gold was around $3,473.70 per troy ounce, so the close of $3,840.80 is a gain of 10.6% over the month.
A year before 1 September 2025, gold was around $2,493.80 per troy ounce. The close of $3,840.80 therefore represents a rise of 54.0% over twelve months.