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Gold ranged between $1,562.60 and $1,771.10 per troy ounce during 2012, averaging $1,678.24 across 9 trading days. It finished the period at $1,674.80, up 6.96% from $1,565.80.
Metal value only, before dealer margins and fabrication.
The strongest session of 2012 was 1 February 2012 at +9.20%, and the weakest 1 May 2012 at -6.39%.
Twelve months earlier gold traded around $1,565.80, making this a +6.96% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 February 2012 | $1,709.90 | +$144.10 |
| 1 March 2012 | $1,669.30 | −$40.60 |
| 1 May 2012 | $1,562.60 | −$106.70 |
| 1 June 2012 | $1,603.50 | +$40.90 |
| 1 August 2012 | $1,684.60 | +$81.10 |
| 1 September 2012 | $1,771.10 | +$86.50 |
| 1 October 2012 | $1,717.50 | −$53.60 |
| 1 November 2012 | $1,710.90 | −$6.600 |
| 1 December 2012 | $1,674.80 | −$36.10 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished 2012 at $1,674.80 per troy ounce, having risen $109.00 (6.96%) over the year. It has traded between $1,562.60 and $1,771.10 across 9 trading days.
The average gold closing price in 2012 was $1,678.24 per troy ounce, calculated across all 9 trading days in the year.
Gold reached its highest close of 2012 at $1,771.10 per troy ounce on 1 September 2012.
The lowest gold close in 2012 was $1,562.60 per troy ounce on 1 May 2012.
Gold rose during 2012. It entered the year at $1,565.80 and closed at $1,674.80, a change of 6.96%.
Gold closed higher on 4 sessions and lower on 5 during 2012. The strongest session was 1 February 2012 (+9.20%) and the weakest 1 May 2012 (-6.39%).
Daily closes in 2012 varied with a standard deviation of 4.96% per session, and the peak-to-trough spread across the year was 13.3% ($1,562.60 to $1,771.10).
At the 2012 close of $1,674.80 per troy ounce, gold worked out at about $53.85 per gram and $53,846.07 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 53.4 through 2012 and finished the year near 55.5. A higher ratio means silver is cheap relative to gold.
Gold was around $1,565.80 per troy ounce twelve months before the end of 2012. Closing at $1,674.80 makes that a gain of 7.0% year on year.