Distance from the record
This close sat 29.51% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 14 July 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 30 June 2016
Gold closed at $1,331.30 per troy ounce on 14 July 2016, down $11.10 (0.83%) from the previous close of $1,342.40.
This close sat 29.51% 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 $1,153.30, making this a +15.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,331.30 per troy ounce on 14 July 2016. That is $11.10 lower than the previous close of $1,342.40, a move of -0.83%.
The gold price fell on 14 July 2016, losing $11.10 (0.83%) against the previous session's close of $1,342.40.
At $1,331.30 per troy ounce, one gram of pure gold was worth about $42.80 on 14 July 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 July 2016 18k gold was worth about $32.10 per gram and 14k about $24.97 per gram, against $42.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.6 on 14 July 2016, meaning one ounce of gold was worth roughly 65.6 ounces of silver.
A week before 14 July 2016, gold was around $1,360.10 per troy ounce, so the close of $1,331.30 is a loss of 2.1% over the week.
A year before 14 July 2016, gold was around $1,153.30 per troy ounce. The close of $1,331.30 therefore represents a rise of 15.4% over twelve months.
It closed 29.51% below the highest close on record up to that date, which was set on 2011-08-22.