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Lowest closing price since 15 November 2024
Gold closed at $2,592.20 per troy ounce on 19 December 2024, down $44.30 (1.68%) from the previous close of $2,636.50.
Notable session: lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,062.40, making this a +25.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,592.20 per troy ounce on 19 December 2024. That is $44.30 lower than the previous close of $2,636.50, a move of -1.68%.
The gold price fell on 19 December 2024, losing $44.30 (1.68%) against the previous session's close of $2,636.50.
At $2,592.20 per troy ounce, one gram of pure gold was worth about $83.34 on 19 December 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 December 2024 18k gold was worth about $62.51 per gram and 14k about $48.62 per gram, against $83.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 19 December 2024, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 19 December 2024, gold was around $2,687.50 per troy ounce, so the close of $2,592.20 is a loss of 3.5% over the week.
A month before 19 December 2024, gold was around $2,627.10 per troy ounce, so the close of $2,592.20 is a loss of 1.3% over the month.
A year before 19 December 2024, gold was around $2,062.40 per troy ounce. The close of $2,592.20 therefore represents a rise of 25.7% over twelve months.