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Gold's highest closing price on record
Gold closed at $2,517.70 per troy ounce on 26 August 2024, up $9.300 (0.37%) from the previous close of $2,508.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +29.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,517.70 per troy ounce on 26 August 2024. That is $9.30 higher than the previous close of $2,508.40, a move of 0.37%.
The gold price rose on 26 August 2024, gaining $9.30 (0.37%) against the previous session's close of $2,508.40.
At $2,517.70 per troy ounce, one gram of pure gold was worth about $80.95 on 26 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 August 2024 18k gold was worth about $60.71 per gram and 14k about $47.22 per gram, against $80.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.0 on 26 August 2024, meaning one ounce of gold was worth roughly 84.0 ounces of silver.
A week before 26 August 2024, gold was around $2,501.80 per troy ounce, so the close of $2,517.70 is a gain of 0.6% over the week.
A month before 26 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,517.70 is a gain of 3.8% over the month.
A year before 26 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,517.70 therefore represents a rise of 29.9% over twelve months.