Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 16 September 2019, not the current price.See today's gold price (11 September 2026)
Highest closing price since 6 September 2019
Gold closed at $1,503.10 per troy ounce on 16 September 2019, up $12.20 (0.82%) from the previous close of $1,490.90.
This was the strongest close of the week up to that point.
This close sat 20.42% 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 $1,195.00, making this a +25.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,503.10 per troy ounce on 16 September 2019. That is $12.20 higher than the previous close of $1,490.90, a move of 0.82%.
The gold price rose on 16 September 2019, gaining $12.20 (0.82%) against the previous session's close of $1,490.90.
At $1,503.10 per troy ounce, one gram of pure gold was worth about $48.33 on 16 September 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 September 2019 18k gold was worth about $36.24 per gram and 14k about $28.19 per gram, against $48.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.0 on 16 September 2019, meaning one ounce of gold was worth roughly 84.0 ounces of silver.
A year before 16 September 2019, gold was around $1,195.00 per troy ounce. The close of $1,503.10 therefore represents a rise of 25.8% over twelve months.
It closed 20.42% below the highest close on record up to that date, which was set on 2011-08-22.