Distance from the record
This close sat 15.09% 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 15 August 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,603.70 per troy ounce on 15 August 2012, up $4.300 (0.27%) from the previous close of $1,599.40.
This close sat 15.09% 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 $1,755.50, making this a -8.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,603.70 per troy ounce on 15 August 2012. That is $4.30 higher than the previous close of $1,599.40, a move of 0.27%.
The gold price rose on 15 August 2012, gaining $4.30 (0.27%) against the previous session's close of $1,599.40.
At $1,603.70 per troy ounce, one gram of pure gold was worth about $51.56 on 15 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 August 2012 18k gold was worth about $38.67 per gram and 14k about $30.08 per gram, against $51.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.7 on 15 August 2012, meaning one ounce of gold was worth roughly 57.7 ounces of silver.
It closed 15.09% below the highest close on record up to that date, which was set on 2011-08-22.