Distance from the record
This close sat 15.32% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 14 August 2012, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 August 2012
Gold closed at $1,599.40 per troy ounce on 14 August 2012, down $10.20 (0.63%) from the previous close of $1,609.60.
This close sat 15.32% 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 $1,740.20, making this a -8.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,599.40 per troy ounce on 14 August 2012. That is $10.20 lower than the previous close of $1,609.60, a move of -0.63%.
The gold price fell on 14 August 2012, losing $10.20 (0.63%) against the previous session's close of $1,609.60.
At $1,599.40 per troy ounce, one gram of pure gold was worth about $51.42 on 14 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 August 2012 18k gold was worth about $38.57 per gram and 14k about $30.00 per gram, against $51.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.6 on 14 August 2012, meaning one ounce of gold was worth roughly 57.6 ounces of silver.
It closed 15.32% below the highest close on record up to that date, which was set on 2011-08-22.