Highest closing price since 1 October 2024
Gold closed at $2,657.60 per troy ounce on 11 October 2024, up $37.00 (1.41%) from the previous close of $2,620.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +43.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,657.60 per troy ounce on 11 October 2024. That is $37.00 higher than the previous close of $2,620.60, a move of 1.41%.
The gold price rose on 11 October 2024, gaining $37.00 (1.41%) against the previous session's close of $2,620.60.
At $2,657.60 per troy ounce, one gram of pure gold was worth about $85.44 on 11 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 October 2024 18k gold was worth about $64.08 per gram and 14k about $49.84 per gram, against $85.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.3 on 11 October 2024, meaning one ounce of gold was worth roughly 84.3 ounces of silver.
A week before 11 October 2024, gold was around $2,645.80 per troy ounce, so the close of $2,657.60 is a gain of 0.4% over the week.
A month before 11 October 2024, gold was around $2,512.10 per troy ounce, so the close of $2,657.60 is a gain of 5.8% over the month.
A year before 11 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,657.60 therefore represents a rise of 43.8% over twelve months.