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 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 26 September 2017
Gold closed at $1,293.30 per troy ounce on 12 October 2017, up $7.500 (0.58%) from the previous close of $1,285.80.
No earlier session that month closed above this level.
This close sat 31.52% 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 $1,251.10, making this a +3.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,293.30 per troy ounce on 12 October 2017. That is $7.50 higher than the previous close of $1,285.80, a move of 0.58%.
The gold price rose on 12 October 2017, gaining $7.50 (0.58%) against the previous session's close of $1,285.80.
At $1,293.30 per troy ounce, one gram of pure gold was worth about $41.58 on 12 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 October 2017 18k gold was worth about $31.19 per gram and 14k about $24.26 per gram, against $41.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.1 on 12 October 2017, meaning one ounce of gold was worth roughly 75.1 ounces of silver.
It closed 31.52% below the highest close on record up to that date, which was set on 2011-08-22.