Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 December 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 October 2011
Gold closed at $1,664.20 per troy ounce on 12 December 2011, down $48.60 (2.84%) from the previous close of $1,712.80.
Gold lost 2.84% 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 was the strongest close of the week up to that point.
This close sat 11.89% 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 $1,384.30, making this a +20.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,664.20 per troy ounce on 12 December 2011. That is $48.60 lower than the previous close of $1,712.80, a move of -2.84%.
The gold price fell on 12 December 2011, losing $48.60 (2.84%) against the previous session's close of $1,712.80.
At $1,664.20 per troy ounce, one gram of pure gold was worth about $53.51 on 12 December 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 December 2011 18k gold was worth about $40.13 per gram and 14k about $31.21 per gram, against $53.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.8 on 12 December 2011, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A week before 12 December 2011, gold was around $1,730.70 per troy ounce, so the close of $1,664.20 is a loss of 3.8% over the week.
A month before 12 December 2011, gold was around $1,787.50 per troy ounce, so the close of $1,664.20 is a loss of 6.9% over the month.
A year before 12 December 2011, gold was around $1,384.30 per troy ounce. The close of $1,664.20 therefore represents a rise of 20.2% over twelve months.
It closed 11.89% below the highest close on record up to that date, which was set on 2011-08-22.