Loading…
This page is a historical record of the gold price in 21 July 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,586.80 per troy ounce on 21 July 2011, down $9.900 (0.62%) from the previous close of $1,596.70.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,191.60, making this a +33.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,586.80 per troy ounce on 21 July 2011. That is $9.90 lower than the previous close of $1,596.70, a move of -0.62%.
The gold price fell on 21 July 2011, losing $9.90 (0.62%) against the previous session's close of $1,596.70.
At $1,586.80 per troy ounce, one gram of pure gold was worth about $51.02 on 21 July 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 July 2011 18k gold was worth about $38.26 per gram and 14k about $29.76 per gram, against $51.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 40.8 on 21 July 2011, meaning one ounce of gold was worth roughly 40.8 ounces of silver.
A year before 21 July 2011, gold was around $1,191.60 per troy ounce. The close of $1,586.80 therefore represents a rise of 33.2% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.95% below the highest close on record up to that date, which was set on 2011-07-18.