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Highest closing price since 1 October 2024
Gold closed at $2,674.00 per troy ounce on 16 October 2024, up $12.60 (0.47%) from the previous close of $2,661.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +44.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,674.00 per troy ounce on 16 October 2024. That is $12.60 higher than the previous close of $2,661.40, a move of 0.47%.
The gold price rose on 16 October 2024, gaining $12.60 (0.47%) against the previous session's close of $2,661.40.
At $2,674.00 per troy ounce, one gram of pure gold was worth about $85.97 on 16 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 October 2024 18k gold was worth about $64.48 per gram and 14k about $50.15 per gram, against $85.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.2 on 16 October 2024, meaning one ounce of gold was worth roughly 84.2 ounces of silver.
A week before 16 October 2024, gold was around $2,606.00 per troy ounce, so the close of $2,674.00 is a gain of 2.6% over the week.
A month before 16 October 2024, gold was around $2,580.40 per troy ounce, so the close of $2,674.00 is a gain of 3.6% over the month.
A year before 16 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,674.00 therefore represents a rise of 44.7% over twelve months.