Distance from the record
This close sat 29.77% 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 15 July 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 30 June 2016
Gold closed at $1,326.50 per troy ounce on 15 July 2016, down $4.800 (0.36%) from the previous close of $1,331.30.
This close sat 29.77% 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 $1,147.20, making this a +15.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,326.50 per troy ounce on 15 July 2016. That is $4.80 lower than the previous close of $1,331.30, a move of -0.36%.
The gold price fell on 15 July 2016, losing $4.80 (0.36%) against the previous session's close of $1,331.30.
At $1,326.50 per troy ounce, one gram of pure gold was worth about $42.65 on 15 July 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 July 2016 18k gold was worth about $31.99 per gram and 14k about $24.88 per gram, against $42.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.9 on 15 July 2016, meaning one ounce of gold was worth roughly 65.9 ounces of silver.
A week before 15 July 2016, gold was around $1,356.60 per troy ounce, so the close of $1,326.50 is a loss of 2.2% over the week.
A year before 15 July 2016, gold was around $1,147.20 per troy ounce. The close of $1,326.50 therefore represents a rise of 15.6% over twelve months.
It closed 29.77% below the highest close on record up to that date, which was set on 2011-08-22.