Distance from the record
This close sat 29.95% 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 July 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,323.10 per troy ounce on 22 July 2016, down $7.400 (0.56%) from the previous close of $1,330.50.
This close sat 29.95% 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 $1,091.40, making this a +21.23% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,323.10 per troy ounce on 22 July 2016. That is $7.40 lower than the previous close of $1,330.50, a move of -0.56%.
The gold price fell on 22 July 2016, losing $7.40 (0.56%) against the previous session's close of $1,330.50.
At $1,323.10 per troy ounce, one gram of pure gold was worth about $42.54 on 22 July 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 July 2016 18k gold was worth about $31.90 per gram and 14k about $24.81 per gram, against $42.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.3 on 22 July 2016, meaning one ounce of gold was worth roughly 67.3 ounces of silver.
A year before 22 July 2016, gold was around $1,091.40 per troy ounce. The close of $1,323.10 therefore represents a rise of 21.2% over twelve months.
It closed 29.95% below the highest close on record up to that date, which was set on 2011-08-22.