Distance from the record
This close sat 16.63% 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 December 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 July 2011
Gold closed at $1,574.60 per troy ounce on 15 December 2011, down $9.700 (0.61%) from the previous close of $1,584.30.
This close extended a run of 4 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 16.63% 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 $1,385.50, making this a +13.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,574.60 per troy ounce on 15 December 2011. That is $9.70 lower than the previous close of $1,584.30, a move of -0.61%.
The gold price fell on 15 December 2011, losing $9.70 (0.61%) against the previous session's close of $1,584.30.
At $1,574.60 per troy ounce, one gram of pure gold was worth about $50.62 on 15 December 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 December 2011 18k gold was worth about $37.97 per gram and 14k about $29.53 per gram, against $50.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.9 on 15 December 2011, meaning one ounce of gold was worth roughly 53.9 ounces of silver.
A week before 15 December 2011, gold was around $1,709.80 per troy ounce, so the close of $1,574.60 is a loss of 7.9% over the week.
A month before 15 December 2011, gold was around $1,781.70 per troy ounce, so the close of $1,574.60 is a loss of 11.6% over the month.
A year before 15 December 2011, gold was around $1,385.50 per troy ounce. The close of $1,574.60 therefore represents a rise of 13.6% over twelve months.
This close was session 4 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 16.63% below the highest close on record up to that date, which was set on 2011-08-22.