Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 12 October 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 22 September 2011
Gold closed at $1,681.30 per troy ounce on 12 October 2011, up $21.60 (1.30%) from the previous close of $1,659.70.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 10.98% 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 $1,345.70, making this a +24.94% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,681.30 per troy ounce on 12 October 2011. That is $21.60 higher than the previous close of $1,659.70, a move of 1.30%.
The gold price rose on 12 October 2011, gaining $21.60 (1.30%) against the previous session's close of $1,659.70.
At $1,681.30 per troy ounce, one gram of pure gold was worth about $54.06 on 12 October 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 October 2011 18k gold was worth about $40.54 per gram and 14k about $31.53 per gram, against $54.06 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.3 on 12 October 2011, meaning one ounce of gold was worth roughly 51.3 ounces of silver.
A week before 12 October 2011, gold was around $1,640.30 per troy ounce, so the close of $1,681.30 is a gain of 2.5% over the week.
A month before 12 October 2011, gold was around $1,809.90 per troy ounce, so the close of $1,681.30 is a loss of 7.1% over the month.
A year before 12 October 2011, gold was around $1,345.70 per troy ounce. The close of $1,681.30 therefore represents a rise of 24.9% over twelve months.
It closed 10.98% below the highest close on record up to that date, which was set on 2011-08-22.