Distance from the record
This close sat 32.86% 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 2013, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 July 2013
Gold closed at $1,268.00 per troy ounce on 11 October 2013, down $28.60 (2.21%) from the previous close of $1,296.60.
Notable session: lowest close of the month.
Gold lost 2.21% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 32.86% 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 $1,768.80, making this a -28.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,268.00 per troy ounce on 11 October 2013. That is $28.60 lower than the previous close of $1,296.60, a move of -2.21%.
The gold price fell on 11 October 2013, losing $28.60 (2.21%) against the previous session's close of $1,296.60.
At $1,268.00 per troy ounce, one gram of pure gold was worth about $40.77 on 11 October 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 October 2013 18k gold was worth about $30.58 per gram and 14k about $23.78 per gram, against $40.77 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.8 on 11 October 2013, meaning one ounce of gold was worth roughly 59.8 ounces of silver.
A week before 11 October 2013, gold was around $1,309.70 per troy ounce, so the close of $1,268.00 is a loss of 3.2% over the week.
A month before 11 October 2013, gold was around $1,363.90 per troy ounce, so the close of $1,268.00 is a loss of 7.0% over the month.
A year before 11 October 2013, gold was around $1,768.80 per troy ounce. The close of $1,268.00 therefore represents a fall of 28.3% over twelve months.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 32.86% below the highest close on record up to that date, which was set on 2011-08-22.