Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 23 July 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,577.10 per troy ounce on 23 July 2012, down $5.400 (0.34%) from the previous close of $1,582.50.
This was the strongest close of the week up to that point.
This close sat 16.50% 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 $1,601.30, making this a -1.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,577.10 per troy ounce on 23 July 2012. That is $5.40 lower than the previous close of $1,582.50, a move of -0.34%.
The gold price fell on 23 July 2012, losing $5.40 (0.34%) against the previous session's close of $1,582.50.
At $1,577.10 per troy ounce, one gram of pure gold was worth about $50.70 on 23 July 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 July 2012 18k gold was worth about $38.03 per gram and 14k about $29.58 per gram, against $50.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.4 on 23 July 2012, meaning one ounce of gold was worth roughly 58.4 ounces of silver.
It closed 16.50% below the highest close on record up to that date, which was set on 2011-08-22.