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Lowest closing price since 19 September 2024
Gold closed at $2,600.00 per troy ounce on 12 November 2024, down $11.20 (0.43%) from the previous close of $2,611.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +27.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,600.00 per troy ounce on 12 November 2024. That is $11.20 lower than the previous close of $2,611.20, a move of -0.43%.
The gold price fell on 12 November 2024, losing $11.20 (0.43%) against the previous session's close of $2,611.20.
At $2,600.00 per troy ounce, one gram of pure gold was worth about $83.59 on 12 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 November 2024 18k gold was worth about $62.69 per gram and 14k about $48.76 per gram, against $83.59 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.7 on 12 November 2024, meaning one ounce of gold was worth roughly 84.7 ounces of silver.
A week before 12 November 2024, gold was around $2,740.30 per troy ounce, so the close of $2,600.00 is a loss of 5.1% over the week.
A month before 12 November 2024, gold was around $2,657.60 per troy ounce, so the close of $2,600.00 is a loss of 2.2% over the month.
A year before 12 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,600.00 therefore represents a rise of 27.6% over twelve months.