Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 12 August 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 30 June 2022
Gold closed at $1,798.60 per troy ounce on 12 August 2022, up $8.900 (0.50%) from the previous close of $1,789.70.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 12.33% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,749.00, making this a +2.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,798.60 per troy ounce on 12 August 2022. That is $8.90 higher than the previous close of $1,789.70, a move of 0.50%.
The gold price rose on 12 August 2022, gaining $8.90 (0.50%) against the previous session's close of $1,789.70.
At $1,798.60 per troy ounce, one gram of pure gold was worth about $57.83 on 12 August 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 August 2022 18k gold was worth about $43.37 per gram and 14k about $33.73 per gram, against $57.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.0 on 12 August 2022, meaning one ounce of gold was worth roughly 87.0 ounces of silver.
It closed 12.33% below the highest close on record up to that date, which was set on 2020-08-06.