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Lowest closing price since 6 November 2025
Gold closed at $3,985.60 per troy ounce on 16 July 2026, down $58.40 (1.44%) from the previous close of $4,044.00.
Notable session: lowest close of the year; lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,352.50, making this a +18.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,985.60 per troy ounce on 16 July 2026. That is $58.40 lower than the previous close of $4,044.00, a move of -1.44%.
The gold price fell on 16 July 2026, losing $58.40 (1.44%) against the previous session's close of $4,044.00.
At $3,985.60 per troy ounce, one gram of pure gold was worth about $128.14 on 16 July 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 July 2026 18k gold was worth about $96.11 per gram and 14k about $74.75 per gram, against $128.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.3 on 16 July 2026, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A week before 16 July 2026, gold was around $4,130.60 per troy ounce, so the close of $3,985.60 is a loss of 3.5% over the week.
A month before 16 July 2026, gold was around $4,330.90 per troy ounce, so the close of $3,985.60 is a loss of 8.0% over the month.
A year before 16 July 2026, gold was around $3,352.50 per troy ounce. The close of $3,985.60 therefore represents a rise of 18.9% over twelve months.