Distance from the record
This close sat 31.93% 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 18 August 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,285.70 per troy ounce on 18 August 2017, down $0.700 (0.05%) from the previous close of $1,286.40.
Gold barely moved, closing within 0.05% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 31.93% 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 $1,351.20, making this a -4.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,285.70 per troy ounce on 18 August 2017. That is $0.70 lower than the previous close of $1,286.40, a move of -0.05%.
The gold price fell on 18 August 2017, losing $0.70 (0.05%) against the previous session's close of $1,286.40.
At $1,285.70 per troy ounce, one gram of pure gold was worth about $41.34 on 18 August 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 August 2017 18k gold was worth about $31.00 per gram and 14k about $24.11 per gram, against $41.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.7 on 18 August 2017, meaning one ounce of gold was worth roughly 75.7 ounces of silver.
It closed 31.93% below the highest close on record up to that date, which was set on 2011-08-22.