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 July 2010, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,198.50 per troy ounce on 12 July 2010, down $11.10 (0.92%) from the previous close of $1,209.60.
This was the strongest close of the week up to that point.
This close sat 4.67% below the highest gold close recorded up to that date, set on 2010-06-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $912.20, making this a +31.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,198.50 per troy ounce on 12 July 2010. That is $11.10 lower than the previous close of $1,209.60, a move of -0.92%.
The gold price fell on 12 July 2010, losing $11.10 (0.92%) against the previous session's close of $1,209.60.
At $1,198.50 per troy ounce, one gram of pure gold was worth about $38.53 on 12 July 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 July 2010 18k gold was worth about $28.90 per gram and 14k about $22.48 per gram, against $38.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.0 on 12 July 2010, meaning one ounce of gold was worth roughly 67.0 ounces of silver.
A year before 12 July 2010, gold was around $912.20 per troy ounce. The close of $1,198.50 therefore represents a rise of 31.4% over twelve months.
It closed 4.67% below the highest close on record up to that date, which was set on 2010-06-18.