Highest closing price since 1 October 2024
Gold closed at $2,713.70 per troy ounce on 18 October 2024, up $22.70 (0.84%) from the previous close of $2,691.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +46.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,713.70 per troy ounce on 18 October 2024. That is $22.70 higher than the previous close of $2,691.00, a move of 0.84%.
The gold price rose on 18 October 2024, gaining $22.70 (0.84%) against the previous session's close of $2,691.00.
At $2,713.70 per troy ounce, one gram of pure gold was worth about $87.25 on 18 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 October 2024 18k gold was worth about $65.44 per gram and 14k about $50.89 per gram, against $87.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 82.2 on 18 October 2024, meaning one ounce of gold was worth roughly 82.2 ounces of silver.
A week before 18 October 2024, gold was around $2,657.60 per troy ounce, so the close of $2,713.70 is a gain of 2.1% over the week.
A month before 18 October 2024, gold was around $2,570.70 per troy ounce, so the close of $2,713.70 is a gain of 5.6% over the month.
A year before 18 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,713.70 therefore represents a rise of 46.8% over twelve months.