Distance from the record
This close sat 25.39% 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 16 July 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,409.20 per troy ounce on 16 July 2019, down $2.200 (0.16%) from the previous close of $1,411.40.
This close sat 25.39% 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 $1,238.10, making this a +13.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,409.20 per troy ounce on 16 July 2019. That is $2.20 lower than the previous close of $1,411.40, a move of -0.16%.
The gold price fell on 16 July 2019, losing $2.20 (0.16%) against the previous session's close of $1,411.40.
At $1,409.20 per troy ounce, one gram of pure gold was worth about $45.31 on 16 July 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 July 2019 18k gold was worth about $33.98 per gram and 14k about $26.43 per gram, against $45.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.3 on 16 July 2019, meaning one ounce of gold was worth roughly 90.3 ounces of silver.
A month before 16 July 2019, gold was around $1,340.10 per troy ounce, so the close of $1,409.20 is a gain of 5.2% over the month.
A year before 16 July 2019, gold was around $1,238.10 per troy ounce. The close of $1,409.20 therefore represents a rise of 13.8% over twelve months.
It closed 25.39% below the highest close on record up to that date, which was set on 2011-08-22.