Gold closed at $2,714.40 per troy ounce on 23 October 2024, down $29.80 (1.09%) from the previous close of $2,744.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +46.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,714.40 per troy ounce on 23 October 2024. That is $29.80 lower than the previous close of $2,744.20, a move of -1.09%.
The gold price fell on 23 October 2024, losing $29.80 (1.09%) against the previous session's close of $2,744.20.
At $2,714.40 per troy ounce, one gram of pure gold was worth about $87.27 on 23 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 October 2024 18k gold was worth about $65.45 per gram and 14k about $50.91 per gram, against $87.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.7 on 23 October 2024, meaning one ounce of gold was worth roughly 80.7 ounces of silver.
A week before 23 October 2024, gold was around $2,674.00 per troy ounce, so the close of $2,714.40 is a gain of 1.5% over the week.
A month before 23 October 2024, gold was around $2,626.50 per troy ounce, so the close of $2,714.40 is a gain of 3.3% over the month.
A year before 23 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,714.40 therefore represents a rise of 46.9% over twelve months.