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 21 August 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 August 2012
Gold closed at $1,639.90 per troy ounce on 21 August 2012, up $19.80 (1.22%) from the previous close of $1,620.10.
This close extended a run of 5 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 13.17% 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 $1,848.90, making this a -11.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,639.90 per troy ounce on 21 August 2012. That is $19.80 higher than the previous close of $1,620.10, a move of 1.22%.
The gold price rose on 21 August 2012, gaining $19.80 (1.22%) against the previous session's close of $1,620.10.
At $1,639.90 per troy ounce, one gram of pure gold was worth about $52.72 on 21 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 August 2012 18k gold was worth about $39.54 per gram and 14k about $30.76 per gram, against $52.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.7 on 21 August 2012, meaning one ounce of gold was worth roughly 55.7 ounces of silver.
A week before 21 August 2012, gold was around $1,599.40 per troy ounce, so the close of $1,639.90 is a gain of 2.5% over the week.
This close was session 5 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 13.17% below the highest close on record up to that date, which was set on 2011-08-22.