Distance from the record
This close sat 34.48% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 11 September 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 September 2014
Gold closed at $1,237.40 per troy ounce on 11 September 2014, down $6.100 (0.49%) from the previous close of $1,243.50.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 34.48% 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 $1,363.90, making this a -9.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,237.40 per troy ounce on 11 September 2014. That is $6.10 lower than the previous close of $1,243.50, a move of -0.49%.
The gold price fell on 11 September 2014, losing $6.10 (0.49%) against the previous session's close of $1,243.50.
At $1,237.40 per troy ounce, one gram of pure gold was worth about $39.78 on 11 September 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 September 2014 18k gold was worth about $29.84 per gram and 14k about $23.21 per gram, against $39.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.8 on 11 September 2014, meaning one ounce of gold was worth roughly 66.8 ounces of silver.
A week before 11 September 2014, gold was around $1,265.10 per troy ounce, so the close of $1,237.40 is a loss of 2.2% over the week.
A month before 11 September 2014, gold was around $1,308.50 per troy ounce, so the close of $1,237.40 is a loss of 5.4% over the month.
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 34.48% below the highest close on record up to that date, which was set on 2011-08-22.