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 17 October 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,675.50 per troy ounce on 17 October 2011, down $6.300 (0.37%) from the previous close of $1,681.80.
This was the strongest close of the week up to that point.
This close sat 11.29% 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 $1,371.10, making this a +22.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,675.50 per troy ounce on 17 October 2011. That is $6.30 lower than the previous close of $1,681.80, a move of -0.37%.
The gold price fell on 17 October 2011, losing $6.30 (0.37%) against the previous session's close of $1,681.80.
At $1,675.50 per troy ounce, one gram of pure gold was worth about $53.87 on 17 October 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 October 2011 18k gold was worth about $40.40 per gram and 14k about $31.42 per gram, against $53.87 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.7 on 17 October 2011, meaning one ounce of gold was worth roughly 52.7 ounces of silver.
A month before 17 October 2011, gold was around $1,812.10 per troy ounce, so the close of $1,675.50 is a loss of 7.5% over the month.
A year before 17 October 2011, gold was around $1,371.10 per troy ounce. The close of $1,675.50 therefore represents a rise of 22.2% over twelve months.
It closed 11.29% below the highest close on record up to that date, which was set on 2011-08-22.