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 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,751.50 per troy ounce on 17 October 2012, up $6.800 (0.39%) from the previous close of $1,744.70.
This was the strongest close of the week up to that point.
This close sat 7.26% 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 $1,675.50, making this a +4.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,751.50 per troy ounce on 17 October 2012. That is $6.80 higher than the previous close of $1,744.70, a move of 0.39%.
The gold price rose on 17 October 2012, gaining $6.80 (0.39%) against the previous session's close of $1,744.70.
At $1,751.50 per troy ounce, one gram of pure gold was worth about $56.31 on 17 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 October 2012 18k gold was worth about $42.23 per gram and 14k about $32.85 per gram, against $56.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.8 on 17 October 2012, meaning one ounce of gold was worth roughly 52.8 ounces of silver.
It closed 7.26% below the highest close on record up to that date, which was set on 2011-08-22.