Lowest closing price since 9 October 2024
Gold closed at $2,611.20 per troy ounce on 11 November 2024, down $76.30 (2.84%) from the previous close of $2,687.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +28.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,611.20 per troy ounce on 11 November 2024. That is $76.30 lower than the previous close of $2,687.50, a move of -2.84%.
The gold price fell on 11 November 2024, losing $76.30 (2.84%) against the previous session's close of $2,687.50.
At $2,611.20 per troy ounce, one gram of pure gold was worth about $83.95 on 11 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 November 2024 18k gold was worth about $62.96 per gram and 14k about $48.97 per gram, against $83.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.5 on 11 November 2024, meaning one ounce of gold was worth roughly 85.5 ounces of silver.
A week before 11 November 2024, gold was around $2,736.10 per troy ounce, so the close of $2,611.20 is a loss of 4.6% over the week.
A month before 11 November 2024, gold was around $2,657.60 per troy ounce, so the close of $2,611.20 is a loss of 1.7% over the month.
A year before 11 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,611.20 therefore represents a rise of 28.1% over twelve months.