Distance from the record
This close sat 8.78% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 19 October 2012, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 October 2012
Gold closed at $1,722.80 per troy ounce on 19 October 2012, down $20.50 (1.18%) from the previous close of $1,743.30.
This close sat 8.78% 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 $1,646.00, making this a +4.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,722.80 per troy ounce on 19 October 2012. That is $20.50 lower than the previous close of $1,743.30, a move of -1.18%.
The gold price fell on 19 October 2012, losing $20.50 (1.18%) against the previous session's close of $1,743.30.
At $1,722.80 per troy ounce, one gram of pure gold was worth about $55.39 on 19 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 October 2012 18k gold was worth about $41.54 per gram and 14k about $32.31 per gram, against $55.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.7 on 19 October 2012, meaning one ounce of gold was worth roughly 53.7 ounces of silver.
A week before 19 October 2012, gold was around $1,758.00 per troy ounce, so the close of $1,722.80 is a loss of 2.0% over the week.
It closed 8.78% below the highest close on record up to that date, which was set on 2011-08-22.