Distance from the record
This close sat 20.72% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 22 August 2019, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 9 August 2019
Gold closed at $1,497.30 per troy ounce on 22 August 2019, down $7.300 (0.49%) from the previous close of $1,504.60.
This close sat 20.72% 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 $1,196.30, making this a +25.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,497.30 per troy ounce on 22 August 2019. That is $7.30 lower than the previous close of $1,504.60, a move of -0.49%.
The gold price fell on 22 August 2019, losing $7.30 (0.49%) against the previous session's close of $1,504.60.
At $1,497.30 per troy ounce, one gram of pure gold was worth about $48.14 on 22 August 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 August 2019 18k gold was worth about $36.10 per gram and 14k about $28.08 per gram, against $48.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.0 on 22 August 2019, meaning one ounce of gold was worth roughly 88.0 ounces of silver.
A month before 22 August 2019, gold was around $1,425.30 per troy ounce, so the close of $1,497.30 is a gain of 5.1% over the month.
A year before 22 August 2019, gold was around $1,196.30 per troy ounce. The close of $1,497.30 therefore represents a rise of 25.2% over twelve months.
It closed 20.72% below the highest close on record up to that date, which was set on 2011-08-22.