Distance from the record
This close sat 6.35% 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 11 October 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,768.80 per troy ounce on 11 October 2012, up $5.600 (0.32%) from the previous close of $1,763.20.
This close sat 6.35% 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 $1,659.70, making this a +6.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,768.80 per troy ounce on 11 October 2012. That is $5.60 higher than the previous close of $1,763.20, a move of 0.32%.
The gold price rose on 11 October 2012, gaining $5.60 (0.32%) against the previous session's close of $1,763.20.
At $1,768.80 per troy ounce, one gram of pure gold was worth about $56.87 on 11 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 October 2012 18k gold was worth about $42.65 per gram and 14k about $33.17 per gram, against $56.87 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.0 on 11 October 2012, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
It closed 6.35% below the highest close on record up to that date, which was set on 2011-08-22.