Distance from the record
This close sat 32.07% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 17 October 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,283.00 per troy ounce on 17 October 2017, down $16.90 (1.30%) from the previous close of $1,299.90.
This close sat 32.07% 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 $1,254.40, making this a +2.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,283.00 per troy ounce on 17 October 2017. That is $16.90 lower than the previous close of $1,299.90, a move of -1.30%.
The gold price fell on 17 October 2017, losing $16.90 (1.30%) against the previous session's close of $1,299.90.
At $1,283.00 per troy ounce, one gram of pure gold was worth about $41.25 on 17 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 October 2017 18k gold was worth about $30.94 per gram and 14k about $24.06 per gram, against $41.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.5 on 17 October 2017, meaning one ounce of gold was worth roughly 75.5 ounces of silver.
It closed 32.07% below the highest close on record up to that date, which was set on 2011-08-22.