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Lowest closing price since 6 December 2024
Gold closed at $2,651.40 per troy ounce on 16 December 2024, down $4.600 (0.17%) from the previous close of $2,656.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,062.40, making this a +28.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,651.40 per troy ounce on 16 December 2024. That is $4.60 lower than the previous close of $2,656.00, a move of -0.17%.
The gold price fell on 16 December 2024, losing $4.60 (0.17%) against the previous session's close of $2,656.00.
At $2,651.40 per troy ounce, one gram of pure gold was worth about $85.24 on 16 December 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 December 2024 18k gold was worth about $63.93 per gram and 14k about $49.73 per gram, against $85.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.4 on 16 December 2024, meaning one ounce of gold was worth roughly 86.4 ounces of silver.
A week before 16 December 2024, gold was around $2,664.90 per troy ounce, so the close of $2,651.40 is a loss of 0.5% over the week.
A month before 16 December 2024, gold was around $2,565.70 per troy ounce, so the close of $2,651.40 is a gain of 3.3% over the month.
A year before 16 December 2024, gold was around $2,062.40 per troy ounce. The close of $2,651.40 therefore represents a rise of 28.6% over twelve months.