Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 20 August 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 August 2012
Gold closed at $1,620.10 per troy ounce on 20 August 2012, up $3.800 (0.24%) from the previous close of $1,616.30.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 14.22% 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 $1,848.90, making this a -12.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,620.10 per troy ounce on 20 August 2012. That is $3.80 higher than the previous close of $1,616.30, a move of 0.24%.
The gold price rose on 20 August 2012, gaining $3.80 (0.24%) against the previous session's close of $1,616.30.
At $1,620.10 per troy ounce, one gram of pure gold was worth about $52.09 on 20 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2012 18k gold was worth about $39.07 per gram and 14k about $30.38 per gram, against $52.09 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.7 on 20 August 2012, meaning one ounce of gold was worth roughly 56.7 ounces of silver.
A year before 20 August 2012, gold was around $1,848.90 per troy ounce. The close of $1,620.10 therefore represents a fall of 12.4% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 14.22% below the highest close on record up to that date, which was set on 2011-08-22.