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 18 July 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,709.20 per troy ounce on 18 July 2022, up $6.800 (0.40%) from the previous close of $1,702.40.
This was the strongest close of the week up to that point.
This close sat 16.69% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,814.50, making this a -5.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,709.20 per troy ounce on 18 July 2022. That is $6.80 higher than the previous close of $1,702.40, a move of 0.40%.
The gold price rose on 18 July 2022, gaining $6.80 (0.40%) against the previous session's close of $1,702.40.
At $1,709.20 per troy ounce, one gram of pure gold was worth about $54.95 on 18 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 July 2022 18k gold was worth about $41.21 per gram and 14k about $32.06 per gram, against $54.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 91.0 on 18 July 2022, meaning one ounce of gold was worth roughly 91.0 ounces of silver.
A month before 18 July 2022, gold was around $1,835.60 per troy ounce, so the close of $1,709.20 is a loss of 6.9% over the month.
It closed 16.69% below the highest close on record up to that date, which was set on 2020-08-06.