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Gold's highest closing price on record
Gold closed at $4,280.20 per troy ounce on 16 October 2025, up $103.30 (2.47%) from the previous close of $4,176.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,674.00, making this a +60.07% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,280.20 per troy ounce on 16 October 2025. That is $103.30 higher than the previous close of $4,176.90, a move of 2.47%.
The gold price rose on 16 October 2025, gaining $103.30 (2.47%) against the previous session's close of $4,176.90.
At $4,280.20 per troy ounce, one gram of pure gold was worth about $137.61 on 16 October 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 October 2025 18k gold was worth about $103.21 per gram and 14k about $80.27 per gram, against $137.61 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.7 on 16 October 2025, meaning one ounce of gold was worth roughly 80.7 ounces of silver.
A week before 16 October 2025, gold was around $3,946.30 per troy ounce, so the close of $4,280.20 is a gain of 8.5% over the week.
A month before 16 October 2025, gold was around $3,688.90 per troy ounce, so the close of $4,280.20 is a gain of 16.0% over the month.
A year before 16 October 2025, gold was around $2,674.00 per troy ounce. The close of $4,280.20 therefore represents a rise of 60.1% over twelve months.