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 September 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 29 August 2011
Gold closed at $1,809.90 per troy ounce on 12 September 2011, down $46.50 (2.50%) from the previous close of $1,856.40.
Gold lost 2.50% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 4.17% 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 $1,244.50, making this a +45.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,809.90 per troy ounce on 12 September 2011. That is $46.50 lower than the previous close of $1,856.40, a move of -2.50%.
The gold price fell on 12 September 2011, losing $46.50 (2.50%) against the previous session's close of $1,856.40.
At $1,809.90 per troy ounce, one gram of pure gold was worth about $58.19 on 12 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 September 2011 18k gold was worth about $43.64 per gram and 14k about $33.94 per gram, against $58.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 45.1 on 12 September 2011, meaning one ounce of gold was worth roughly 45.1 ounces of silver.
A week before 12 September 2011, gold was around $1,873.70 per troy ounce, so the close of $1,809.90 is a loss of 3.4% over the week.
A year before 12 September 2011, gold was around $1,244.50 per troy ounce. The close of $1,809.90 therefore represents a rise of 45.4% over twelve months.
It closed 4.17% below the highest close on record up to that date, which was set on 2011-08-22.