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 23 August 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 August 2012
Gold closed at $1,669.60 per troy ounce on 23 August 2012, up $32.20 (1.97%) from the previous close of $1,637.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 11.60% 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 $1,858.30, making this a -10.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,669.60 per troy ounce on 23 August 2012. That is $32.20 higher than the previous close of $1,637.40, a move of 1.97%.
The gold price rose on 23 August 2012, gaining $32.20 (1.97%) against the previous session's close of $1,637.40.
At $1,669.60 per troy ounce, one gram of pure gold was worth about $53.68 on 23 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 August 2012 18k gold was worth about $40.26 per gram and 14k about $31.31 per gram, against $53.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.8 on 23 August 2012, meaning one ounce of gold was worth roughly 54.8 ounces of silver.
A week before 23 August 2012, gold was around $1,616.10 per troy ounce, so the close of $1,669.60 is a gain of 3.3% over the week.
A month before 23 August 2012, gold was around $1,577.10 per troy ounce, so the close of $1,669.60 is a gain of 5.9% over the month.
It closed 11.60% below the highest close on record up to that date, which was set on 2011-08-22.