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Gold falls 3.4% in a single session
Gold closed at $2,616.80 per troy ounce on 25 November 2024, down $93.10 (3.44%) from the previous close of $2,709.90.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +28.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,616.80 per troy ounce on 25 November 2024. That is $93.10 lower than the previous close of $2,709.90, a move of -3.44%.
The gold price fell on 25 November 2024, losing $93.10 (3.44%) against the previous session's close of $2,709.90.
At $2,616.80 per troy ounce, one gram of pure gold was worth about $84.13 on 25 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 November 2024 18k gold was worth about $63.10 per gram and 14k about $49.08 per gram, against $84.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.6 on 25 November 2024, meaning one ounce of gold was worth roughly 86.6 ounces of silver.
A week before 25 November 2024, gold was around $2,610.60 per troy ounce, so the close of $2,616.80 is a gain of 0.2% over the week.
A month before 25 November 2024, gold was around $2,740.90 per troy ounce, so the close of $2,616.80 is a loss of 4.5% over the month.
A year before 25 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,616.80 therefore represents a rise of 28.4% over twelve months.