Distance from the record
This close sat 40.09% 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 20 December 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,131.50 per troy ounce on 20 December 2016, down $9.000 (0.79%) from the previous close of $1,140.50.
This close sat 40.09% 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 $1,066.20, making this a +6.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,131.50 per troy ounce on 20 December 2016. That is $9.00 lower than the previous close of $1,140.50, a move of -0.79%.
The gold price fell on 20 December 2016, losing $9.00 (0.79%) against the previous session's close of $1,140.50.
At $1,131.50 per troy ounce, one gram of pure gold was worth about $36.38 on 20 December 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 December 2016 18k gold was worth about $27.28 per gram and 14k about $21.22 per gram, against $36.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.5 on 20 December 2016, meaning one ounce of gold was worth roughly 70.5 ounces of silver.
A week before 20 December 2016, gold was around $1,156.70 per troy ounce, so the close of $1,131.50 is a loss of 2.2% over the week.
A month before 20 December 2016, gold was around $1,208.50 per troy ounce, so the close of $1,131.50 is a loss of 6.4% over the month.
It closed 40.09% below the highest close on record up to that date, which was set on 2011-08-22.