Distance from the record
This close sat 35.35% 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 October 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,221.00 per troy ounce on 10 October 2014, down $3.600 (0.29%) from the previous close of $1,224.60.
This close sat 35.35% 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 $1,296.60, making this a -5.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,221.00 per troy ounce on 10 October 2014. That is $3.60 lower than the previous close of $1,224.60, a move of -0.29%.
The gold price fell on 10 October 2014, losing $3.60 (0.29%) against the previous session's close of $1,224.60.
At $1,221.00 per troy ounce, one gram of pure gold was worth about $39.26 on 10 October 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 October 2014 18k gold was worth about $29.44 per gram and 14k about $22.90 per gram, against $39.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.8 on 10 October 2014, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 10 October 2014, gold was around $1,192.20 per troy ounce, so the close of $1,221.00 is a gain of 2.4% over the week.
It closed 35.35% below the highest close on record up to that date, which was set on 2011-08-22.