Gold's highest closing price on record
Gold closed at $2,501.80 per troy ounce on 19 August 2024, up $3.200 (0.13%) from the previous close of $2,498.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +29.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,501.80 per troy ounce on 19 August 2024. That is $3.20 higher than the previous close of $2,498.60, a move of 0.13%.
The gold price rose on 19 August 2024, gaining $3.20 (0.13%) against the previous session's close of $2,498.60.
At $2,501.80 per troy ounce, one gram of pure gold was worth about $80.43 on 19 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 August 2024 18k gold was worth about $60.33 per gram and 14k about $46.92 per gram, against $80.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.6 on 19 August 2024, meaning one ounce of gold was worth roughly 85.6 ounces of silver.
A week before 19 August 2024, gold was around $2,462.40 per troy ounce, so the close of $2,501.80 is a gain of 1.6% over the week.
A month before 19 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,501.80 is a gain of 3.1% over the month.
A year before 19 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,501.80 therefore represents a rise of 29.1% over twelve months.