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 13 August 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 27 January 2017
Gold closed at $1,191.30 per troy ounce on 13 August 2018, down $19.80 (1.63%) from the previous close of $1,211.10.
Gold had not closed this low for about 2 years. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This was the strongest close of the week up to that point.
This close sat 36.92% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 242 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,287.70, making this a -7.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,191.30 per troy ounce on 13 August 2018. That is $19.80 lower than the previous close of $1,211.10, a move of -1.63%.
The gold price fell on 13 August 2018, losing $19.80 (1.63%) against the previous session's close of $1,211.10.
At $1,191.30 per troy ounce, one gram of pure gold was worth about $38.30 on 13 August 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 August 2018 18k gold was worth about $28.73 per gram and 14k about $22.34 per gram, against $38.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.7 on 13 August 2018, meaning one ounce of gold was worth roughly 79.7 ounces of silver.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 36.92% below the highest close on record up to that date, which was set on 2011-08-22.