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Gold's highest closing price on record
Gold closed at $2,511.30 per troy ounce on 20 August 2024, up $9.500 (0.38%) from the previous close of $2,501.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +29.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,511.30 per troy ounce on 20 August 2024. That is $9.50 higher than the previous close of $2,501.80, a move of 0.38%.
The gold price rose on 20 August 2024, gaining $9.50 (0.38%) against the previous session's close of $2,501.80.
At $2,511.30 per troy ounce, one gram of pure gold was worth about $80.74 on 20 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2024 18k gold was worth about $60.56 per gram and 14k about $47.10 per gram, against $80.74 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.3 on 20 August 2024, meaning one ounce of gold was worth roughly 85.3 ounces of silver.
A week before 20 August 2024, gold was around $2,466.70 per troy ounce, so the close of $2,511.30 is a gain of 1.8% over the week.
A month before 20 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,511.30 is a gain of 3.5% over the month.
A year before 20 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,511.30 therefore represents a rise of 29.6% over twelve months.