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 December 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,615.60 per troy ounce on 20 December 2011, up $21.20 (1.33%) from the previous close of $1,594.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 14.46% 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 $1,385.50, making this a +16.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,615.60 per troy ounce on 20 December 2011. That is $21.20 higher than the previous close of $1,594.40, a move of 1.33%.
The gold price rose on 20 December 2011, gaining $21.20 (1.33%) against the previous session's close of $1,594.40.
At $1,615.60 per troy ounce, one gram of pure gold was worth about $51.94 on 20 December 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 December 2011 18k gold was worth about $38.96 per gram and 14k about $30.30 per gram, against $51.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.8 on 20 December 2011, meaning one ounce of gold was worth roughly 54.8 ounces of silver.
A week before 20 December 2011, gold was around $1,659.90 per troy ounce, so the close of $1,615.60 is a loss of 2.7% over the week.
A month before 20 December 2011, gold was around $1,724.70 per troy ounce, so the close of $1,615.60 is a loss of 6.3% over the month.
A year before 20 December 2011, gold was around $1,385.50 per troy ounce. The close of $1,615.60 therefore represents a rise of 16.6% over twelve months.
It closed 14.46% below the highest close on record up to that date, which was set on 2011-08-22.