Distance from the record
This close sat 16.38% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 10 July 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,579.30 per troy ounce on 10 July 2012, down $9.300 (0.59%) from the previous close of $1,588.60.
This close sat 16.38% 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 $1,541.20, making this a +2.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,579.30 per troy ounce on 10 July 2012. That is $9.30 lower than the previous close of $1,588.60, a move of -0.59%.
The gold price fell on 10 July 2012, losing $9.30 (0.59%) against the previous session's close of $1,588.60.
At $1,579.30 per troy ounce, one gram of pure gold was worth about $50.78 on 10 July 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 July 2012 18k gold was worth about $38.08 per gram and 14k about $29.62 per gram, against $50.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.8 on 10 July 2012, meaning one ounce of gold was worth roughly 58.8 ounces of silver.
A week before 10 July 2012, gold was around $1,621.30 per troy ounce, so the close of $1,579.30 is a loss of 2.6% over the week.
It closed 16.38% below the highest close on record up to that date, which was set on 2011-08-22.