Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 26 October 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 22 September 2011
Gold closed at $1,722.70 per troy ounce on 26 October 2011, up $23.10 (1.36%) from the previous close of $1,699.60.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 8.79% 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 $1,338.00, making this a +28.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,722.70 per troy ounce on 26 October 2011. That is $23.10 higher than the previous close of $1,699.60, a move of 1.36%.
The gold price rose on 26 October 2011, gaining $23.10 (1.36%) against the previous session's close of $1,699.60.
At $1,722.70 per troy ounce, one gram of pure gold was worth about $55.39 on 26 October 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 October 2011 18k gold was worth about $41.54 per gram and 14k about $32.31 per gram, against $55.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.7 on 26 October 2011, meaning one ounce of gold was worth roughly 51.7 ounces of silver.
A week before 26 October 2011, gold was around $1,646.00 per troy ounce, so the close of $1,722.70 is a gain of 4.7% over the week.
A month before 26 October 2011, gold was around $1,592.50 per troy ounce, so the close of $1,722.70 is a gain of 8.2% over the month.
A year before 26 October 2011, gold was around $1,338.00 per troy ounce. The close of $1,722.70 therefore represents a rise of 28.8% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.79% below the highest close on record up to that date, which was set on 2011-08-22.