Distance from the record
This close sat 35.30% 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 12 December 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,222.00 per troy ounce on 12 December 2014, down $3.100 (0.25%) from the previous close of $1,225.10.
This close extended a run of 3 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 35.30% 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 $1,226.00, making this a -0.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,222.00 per troy ounce on 12 December 2014. That is $3.10 lower than the previous close of $1,225.10, a move of -0.25%.
The gold price fell on 12 December 2014, losing $3.10 (0.25%) against the previous session's close of $1,225.10.
At $1,222.00 per troy ounce, one gram of pure gold was worth about $39.29 on 12 December 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 December 2014 18k gold was worth about $29.47 per gram and 14k about $22.92 per gram, against $39.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.8 on 12 December 2014, meaning one ounce of gold was worth roughly 71.8 ounces of silver.
A week before 12 December 2014, gold was around $1,190.10 per troy ounce, so the close of $1,222.00 is a gain of 2.7% over the week.
A month before 12 December 2014, gold was around $1,158.90 per troy ounce, so the close of $1,222.00 is a gain of 5.4% over the month.
This close was session 3 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 35.30% below the highest close on record up to that date, which was set on 2011-08-22.