Distance from the record
This close sat 16.00% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 12 July 2022, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 29 September 2021
Gold closed at $1,723.30 per troy ounce on 12 July 2022, down $6.700 (0.39%) from the previous close of $1,730.00.
This close sat 16.00% 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 $1,805.50, making this a -4.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,723.30 per troy ounce on 12 July 2022. That is $6.70 lower than the previous close of $1,730.00, a move of -0.39%.
The gold price fell on 12 July 2022, losing $6.70 (0.39%) against the previous session's close of $1,730.00.
At $1,723.30 per troy ounce, one gram of pure gold was worth about $55.41 on 12 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 July 2022 18k gold was worth about $41.55 per gram and 14k about $32.32 per gram, against $55.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 91.2 on 12 July 2022, meaning one ounce of gold was worth roughly 91.2 ounces of silver.
A week before 12 July 2022, gold was around $1,761.80 per troy ounce, so the close of $1,723.30 is a loss of 2.2% over the week.
A month before 12 July 2022, gold was around $1,871.50 per troy ounce, so the close of $1,723.30 is a loss of 7.9% over the month.
It closed 16.00% below the highest close on record up to that date, which was set on 2020-08-06.