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Gold closed at $2,734.90 per troy ounce on 24 October 2024, up $20.50 (0.76%) from the previous close of $2,714.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +47.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,734.90 per troy ounce on 24 October 2024. That is $20.50 higher than the previous close of $2,714.40, a move of 0.76%.
The gold price rose on 24 October 2024, gaining $20.50 (0.76%) against the previous session's close of $2,714.40.
At $2,734.90 per troy ounce, one gram of pure gold was worth about $87.93 on 24 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 October 2024 18k gold was worth about $65.95 per gram and 14k about $51.29 per gram, against $87.93 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.4 on 24 October 2024, meaning one ounce of gold was worth roughly 81.4 ounces of silver.
A week before 24 October 2024, gold was around $2,691.00 per troy ounce, so the close of $2,734.90 is a gain of 1.6% over the week.
A month before 24 October 2024, gold was around $2,651.20 per troy ounce, so the close of $2,734.90 is a gain of 3.2% over the month.
A year before 24 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,734.90 therefore represents a rise of 48.0% over twelve months.