Gold ranged between $1,635.90 and $1,949.20 per troy ounce during 2022, averaging $1,790.61 across 11 trading days. It finished the period at $1,819.70, down 0.43% from $1,827.50.
Metal value only, before dealer margins and fabrication.
The strongest session of 2022 was 1 November 2022 at +6.73%, and the weakest 1 June 2022 at -5.51%.
Twelve months earlier gold traded around $1,827.50, making this a -0.43% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2022 | $1,795.00 | −$32.50 |
| 1 February 2022 | $1,899.40 | +$104.40 |
| 1 March 2022 | $1,949.20 | +$49.80 |
| 1 April 2022 | $1,909.30 | −$39.90 |
| 1 June 2022 | $1,804.10 | −$105.20 |
| 1 July 2022 | $1,762.90 | −$41.20 |
| 1 August 2022 | $1,712.80 | −$50.10 |
| 1 September 2022 | $1,662.40 | −$50.40 |
| 1 October 2022 | $1,635.90 | −$26.50 |
| 1 November 2022 | $1,746.00 | +$110.10 |
| 1 December 2022 | $1,819.70 | +$73.70 |
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 2022 at $1,819.70 per troy ounce, having fallen $7.80 (0.43%) over the year. It has traded between $1,635.90 and $1,949.20 across 11 trading days.
The average gold closing price in 2022 was $1,790.61 per troy ounce, calculated across all 11 trading days in the year.
Gold reached its highest close of 2022 at $1,949.20 per troy ounce on 1 March 2022.
The lowest gold close in 2022 was $1,635.90 per troy ounce on 1 October 2022.
Gold fell during 2022. It entered the year at $1,827.50 and closed at $1,819.70, a change of -0.43%.
Gold closed higher on 4 sessions and lower on 7 during 2022. The strongest session was 1 November 2022 (+6.73%) and the weakest 1 June 2022 (-5.51%).
Daily closes in 2022 varied with a standard deviation of 4.07% per session, and the peak-to-trough spread across the year was 19.2% ($1,635.90 to $1,949.20).
At the 2022 close of $1,819.70 per troy ounce, gold worked out at about $58.50 per gram and $58,504.71 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 83.8 through 2022 and finished the year near 76.3. A higher ratio means silver is cheap relative to gold.
Gold was around $1,827.50 per troy ounce twelve months before the end of 2022. Closing at $1,819.70 makes that a decline of 0.4% year on year.