Distance from the record
This close sat 16.60% 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 11 July 2012, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 June 2012
Gold closed at $1,575.20 per troy ounce on 11 July 2012, down $4.100 (0.26%) from the previous close of $1,579.30.
This close sat 16.60% 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 $1,548.80, making this a +1.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,575.20 per troy ounce on 11 July 2012. That is $4.10 lower than the previous close of $1,579.30, a move of -0.26%.
The gold price fell on 11 July 2012, losing $4.10 (0.26%) against the previous session's close of $1,579.30.
At $1,575.20 per troy ounce, one gram of pure gold was worth about $50.64 on 11 July 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 July 2012 18k gold was worth about $37.98 per gram and 14k about $29.54 per gram, against $50.64 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.4 on 11 July 2012, meaning one ounce of gold was worth roughly 58.4 ounces of silver.
A week before 11 July 2012, gold was around $1,621.30 per troy ounce, so the close of $1,575.20 is a loss of 2.8% over the week.
It closed 16.60% below the highest close on record up to that date, which was set on 2011-08-22.