Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 16 April 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,648.70 per troy ounce on 16 April 2012, down $10.40 (0.63%) from the previous close of $1,659.10.
This was the strongest close of the week up to that point.
This close sat 12.71% 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 $1,485.30, making this a +11.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,648.70 per troy ounce on 16 April 2012. That is $10.40 lower than the previous close of $1,659.10, a move of -0.63%.
The gold price fell on 16 April 2012, losing $10.40 (0.63%) against the previous session's close of $1,659.10.
At $1,648.70 per troy ounce, one gram of pure gold was worth about $53.01 on 16 April 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 April 2012 18k gold was worth about $39.76 per gram and 14k about $30.92 per gram, against $53.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.6 on 16 April 2012, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
It closed 12.71% below the highest close on record up to that date, which was set on 2011-08-22.