Distance from the record
This close sat 32.49% 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 24 October 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 6 October 2017
Gold closed at $1,275.00 per troy ounce on 24 October 2017, down $2.700 (0.21%) from the previous close of $1,277.70.
This close sat 32.49% 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 $1,262.00, making this a +1.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,275.00 per troy ounce on 24 October 2017. That is $2.70 lower than the previous close of $1,277.70, a move of -0.21%.
The gold price fell on 24 October 2017, losing $2.70 (0.21%) against the previous session's close of $1,277.70.
At $1,275.00 per troy ounce, one gram of pure gold was worth about $40.99 on 24 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 October 2017 18k gold was worth about $30.74 per gram and 14k about $23.91 per gram, against $40.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.4 on 24 October 2017, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
It closed 32.49% below the highest close on record up to that date, which was set on 2011-08-22.