Distance from the record
This close sat 4.40% below the highest gold close recorded up to that date, set on 2023-12-27.
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This page is a historical record of the gold price in 14 February 2024, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 December 2023
Gold closed at $1,990.30 per troy ounce on 14 February 2024, down $2.600 (0.13%) from the previous close of $1,992.90.
Notable session: lowest close of the year; lowest close of the month.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 4.40% below the highest gold close recorded up to that date, set on 2023-12-27.
One of the ten lowest gold closes of that year, ranking 253 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,854.00, making this a +7.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,990.30 per troy ounce on 14 February 2024. That is $2.60 lower than the previous close of $1,992.90, a move of -0.13%.
The gold price fell on 14 February 2024, losing $2.60 (0.13%) against the previous session's close of $1,992.90.
At $1,990.30 per troy ounce, one gram of pure gold was worth about $63.99 on 14 February 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 February 2024 18k gold was worth about $47.99 per gram and 14k about $37.33 per gram, against $63.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 14 February 2024, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 14 February 2024, gold was around $2,035.20 per troy ounce, so the close of $1,990.30 is a loss of 2.2% over the week.
This close was session 5 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 4.40% below the highest close on record up to that date, which was set on 2023-12-27.