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 22 August 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 August 2016
Gold closed at $1,337.70 per troy ounce on 22 August 2016, down $2.700 (0.20%) from the previous close of $1,340.40.
This was the strongest close of the week up to that point.
This close sat 29.17% 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 $1,159.60, making this a +15.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,337.70 per troy ounce on 22 August 2016. That is $2.70 lower than the previous close of $1,340.40, a move of -0.20%.
The gold price fell on 22 August 2016, losing $2.70 (0.20%) against the previous session's close of $1,340.40.
At $1,337.70 per troy ounce, one gram of pure gold was worth about $43.01 on 22 August 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 August 2016 18k gold was worth about $32.26 per gram and 14k about $25.09 per gram, against $43.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.0 on 22 August 2016, meaning one ounce of gold was worth roughly 71.0 ounces of silver.
A year before 22 August 2016, gold was around $1,159.60 per troy ounce. The close of $1,337.70 therefore represents a rise of 15.4% over twelve months.
It closed 29.17% below the highest close on record up to that date, which was set on 2011-08-22.