Distance from the record
This close sat 30.45% 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 September 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 September 2016
Gold closed at $1,313.50 per troy ounce on 15 September 2016, down $8.000 (0.61%) from the previous close of $1,321.50.
This close sat 30.45% 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 $1,102.80, making this a +19.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,313.50 per troy ounce on 15 September 2016. That is $8.00 lower than the previous close of $1,321.50, a move of -0.61%.
The gold price fell on 15 September 2016, losing $8.00 (0.61%) against the previous session's close of $1,321.50.
At $1,313.50 per troy ounce, one gram of pure gold was worth about $42.23 on 15 September 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 September 2016 18k gold was worth about $31.67 per gram and 14k about $24.63 per gram, against $42.23 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.3 on 15 September 2016, meaning one ounce of gold was worth roughly 69.3 ounces of silver.
A year before 15 September 2016, gold was around $1,102.80 per troy ounce. The close of $1,313.50 therefore represents a rise of 19.1% over twelve months.
It closed 30.45% below the highest close on record up to that date, which was set on 2011-08-22.