Distance from the record
This close sat 12.85% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 19 October 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 7 October 2011
Gold closed at $1,646.00 per troy ounce on 19 October 2011, down $5.700 (0.35%) from the previous close of $1,651.70.
This close extended a run of 3 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 12.85% 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 $1,335.10, making this a +23.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,646.00 per troy ounce on 19 October 2011. That is $5.70 lower than the previous close of $1,651.70, a move of -0.35%.
The gold price fell on 19 October 2011, losing $5.70 (0.35%) against the previous session's close of $1,651.70.
At $1,646.00 per troy ounce, one gram of pure gold was worth about $52.92 on 19 October 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 October 2011 18k gold was worth about $39.69 per gram and 14k about $30.87 per gram, against $52.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.7 on 19 October 2011, meaning one ounce of gold was worth roughly 52.7 ounces of silver.
A week before 19 October 2011, gold was around $1,681.30 per troy ounce, so the close of $1,646.00 is a loss of 2.1% over the week.
A month before 19 October 2011, gold was around $1,776.40 per troy ounce, so the close of $1,646.00 is a loss of 7.3% over the month.
A year before 19 October 2011, gold was around $1,335.10 per troy ounce. The close of $1,646.00 therefore represents a rise of 23.3% over twelve months.
This close was session 3 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 12.85% below the highest close on record up to that date, which was set on 2011-08-22.