Distance from the record
This close sat 14.81% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 19 August 2022, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 August 2022
Gold closed at $1,747.60 per troy ounce on 19 August 2022, down $7.700 (0.44%) from the previous close of $1,755.30.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 14.81% 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 $1,780.20, making this a -1.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,747.60 per troy ounce on 19 August 2022. That is $7.70 lower than the previous close of $1,755.30, a move of -0.44%.
The gold price fell on 19 August 2022, losing $7.70 (0.44%) against the previous session's close of $1,755.30.
At $1,747.60 per troy ounce, one gram of pure gold was worth about $56.19 on 19 August 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 August 2022 18k gold was worth about $42.14 per gram and 14k about $32.78 per gram, against $56.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 91.7 on 19 August 2022, meaning one ounce of gold was worth roughly 91.7 ounces of silver.
A week before 19 August 2022, gold was around $1,798.60 per troy ounce, so the close of $1,747.60 is a loss of 2.8% over the week.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 14.81% below the highest close on record up to that date, which was set on 2020-08-06.