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Gold's highest closing price on record
Gold closed at $2,744.20 per troy ounce on 22 October 2024, up $21.10 (0.77%) from the previous close of $2,723.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +48.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,744.20 per troy ounce on 22 October 2024. That is $21.10 higher than the previous close of $2,723.10, a move of 0.77%.
The gold price rose on 22 October 2024, gaining $21.10 (0.77%) against the previous session's close of $2,723.10.
At $2,744.20 per troy ounce, one gram of pure gold was worth about $88.23 on 22 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 October 2024 18k gold was worth about $66.17 per gram and 14k about $51.47 per gram, against $88.23 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.8 on 22 October 2024, meaning one ounce of gold was worth roughly 78.8 ounces of silver.
A week before 22 October 2024, gold was around $2,661.40 per troy ounce, so the close of $2,744.20 is a gain of 3.1% over the week.
A month before 22 October 2024, gold was around $2,619.90 per troy ounce, so the close of $2,744.20 is a gain of 4.7% over the month.
A year before 22 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,744.20 therefore represents a rise of 48.5% over twelve months.