Distance from the record
This close sat 14.81% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 22 December 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,608.90 per troy ounce on 22 December 2011, down $3.000 (0.19%) from the previous close of $1,611.90.
This close sat 14.81% 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 $1,386.80, making this a +16.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,608.90 per troy ounce on 22 December 2011. That is $3.00 lower than the previous close of $1,611.90, a move of -0.19%.
The gold price fell on 22 December 2011, losing $3.00 (0.19%) against the previous session's close of $1,611.90.
At $1,608.90 per troy ounce, one gram of pure gold was worth about $51.73 on 22 December 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 December 2011 18k gold was worth about $38.80 per gram and 14k about $30.17 per gram, against $51.73 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.5 on 22 December 2011, meaning one ounce of gold was worth roughly 55.5 ounces of silver.
A week before 22 December 2011, gold was around $1,574.60 per troy ounce, so the close of $1,608.90 is a gain of 2.2% over the week.
A month before 22 December 2011, gold was around $1,702.20 per troy ounce, so the close of $1,608.90 is a loss of 5.5% over the month.
A year before 22 December 2011, gold was around $1,386.80 per troy ounce. The close of $1,608.90 therefore represents a rise of 16.0% over twelve months.
It closed 14.81% below the highest close on record up to that date, which was set on 2011-08-22.