Distance from the record
This close sat 16.91% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 14 July 2022, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 30 March 2021
Gold closed at $1,704.50 per troy ounce on 14 July 2022, down $29.70 (1.71%) from the previous close of $1,734.20.
Gold had not closed this low for about a year. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This close sat 16.91% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,824.30, making this a -6.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,704.50 per troy ounce on 14 July 2022. That is $29.70 lower than the previous close of $1,734.20, a move of -1.71%.
The gold price fell on 14 July 2022, losing $29.70 (1.71%) against the previous session's close of $1,734.20.
At $1,704.50 per troy ounce, one gram of pure gold was worth about $54.80 on 14 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 July 2022 18k gold was worth about $41.10 per gram and 14k about $31.97 per gram, against $54.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 93.8 on 14 July 2022, meaning one ounce of gold was worth roughly 93.8 ounces of silver.
A month before 14 July 2022, gold was around $1,809.50 per troy ounce, so the close of $1,704.50 is a loss of 5.8% over the month.
It closed 16.91% below the highest close on record up to that date, which was set on 2020-08-06.