Distance from the record
This close sat 21.21% 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 October 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,488.20 per troy ounce on 18 October 2019, down $4.100 (0.27%) from the previous close of $1,492.30.
This close sat 21.21% 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 $1,226.50, making this a +21.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,488.20 per troy ounce on 18 October 2019. That is $4.10 lower than the previous close of $1,492.30, a move of -0.27%.
The gold price fell on 18 October 2019, losing $4.10 (0.27%) against the previous session's close of $1,492.30.
At $1,488.20 per troy ounce, one gram of pure gold was worth about $47.85 on 18 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 October 2019 18k gold was worth about $35.89 per gram and 14k about $27.91 per gram, against $47.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.0 on 18 October 2019, meaning one ounce of gold was worth roughly 85.0 ounces of silver.
A year before 18 October 2019, gold was around $1,226.50 per troy ounce. The close of $1,488.20 therefore represents a rise of 21.3% over twelve months.
It closed 21.21% below the highest close on record up to that date, which was set on 2011-08-22.