Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 10 August 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,344.30 per troy ounce on 10 August 2016, up $5.300 (0.40%) from the previous close of $1,339.00.
This was the strongest close of the week up to that point.
This close sat 28.82% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,104.20, making this a +21.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,344.30 per troy ounce on 10 August 2016. That is $5.30 higher than the previous close of $1,339.00, a move of 0.40%.
The gold price rose on 10 August 2016, gaining $5.30 (0.40%) against the previous session's close of $1,339.00.
At $1,344.30 per troy ounce, one gram of pure gold was worth about $43.22 on 10 August 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 August 2016 18k gold was worth about $32.42 per gram and 14k about $25.21 per gram, against $43.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.8 on 10 August 2016, meaning one ounce of gold was worth roughly 66.8 ounces of silver.
A year before 10 August 2016, gold was around $1,104.20 per troy ounce. The close of $1,344.30 therefore represents a rise of 21.7% over twelve months.
It closed 28.82% below the highest close on record up to that date, which was set on 2011-08-22.