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 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,492.30 per troy ounce on 17 October 2019, up $4.300 (0.29%) from the previous close of $1,488.00.
This was the strongest close of the week up to that point.
This close sat 20.99% 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 $1,223.70, making this a +21.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,492.30 per troy ounce on 17 October 2019. That is $4.30 higher than the previous close of $1,488.00, a move of 0.29%.
The gold price rose on 17 October 2019, gaining $4.30 (0.29%) against the previous session's close of $1,488.00.
At $1,492.30 per troy ounce, one gram of pure gold was worth about $47.98 on 17 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 October 2019 18k gold was worth about $35.98 per gram and 14k about $27.99 per gram, against $47.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.1 on 17 October 2019, meaning one ounce of gold was worth roughly 85.1 ounces of silver.
A year before 17 October 2019, gold was around $1,223.70 per troy ounce. The close of $1,492.30 therefore represents a rise of 21.9% over twelve months.
It closed 20.99% below the highest close on record up to that date, which was set on 2011-08-22.