Distance from the record
This close sat 40.07% 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 23 December 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,131.90 per troy ounce on 23 December 2016, up $3.100 (0.27%) from the previous close of $1,128.80.
This close sat 40.07% 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 $1,069.40, making this a +5.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,131.90 per troy ounce on 23 December 2016. That is $3.10 higher than the previous close of $1,128.80, a move of 0.27%.
The gold price rose on 23 December 2016, gaining $3.10 (0.27%) against the previous session's close of $1,128.80.
At $1,131.90 per troy ounce, one gram of pure gold was worth about $36.39 on 23 December 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 December 2016 18k gold was worth about $27.29 per gram and 14k about $21.23 per gram, against $36.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.1 on 23 December 2016, meaning one ounce of gold was worth roughly 72.1 ounces of silver.
It closed 40.07% below the highest close on record up to that date, which was set on 2011-08-22.