Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 26 September 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 21 July 2011
Gold closed at $1,592.50 per troy ounce on 26 September 2011, down $45.00 (2.75%) from the previous close of $1,637.50.
Notable session: lowest close of the month.
Gold lost 2.75% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 15.68% 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 $1,296.00, making this a +22.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,592.50 per troy ounce on 26 September 2011. That is $45.00 lower than the previous close of $1,637.50, a move of -2.75%.
The gold price fell on 26 September 2011, losing $45.00 (2.75%) against the previous session's close of $1,637.50.
At $1,592.50 per troy ounce, one gram of pure gold was worth about $51.20 on 26 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 September 2011 18k gold was worth about $38.40 per gram and 14k about $29.87 per gram, against $51.20 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.2 on 26 September 2011, meaning one ounce of gold was worth roughly 53.2 ounces of silver.
A week before 26 September 2011, gold was around $1,776.40 per troy ounce, so the close of $1,592.50 is a loss of 10.4% over the week.
A month before 26 September 2011, gold was around $1,794.10 per troy ounce, so the close of $1,592.50 is a loss of 11.2% over the month.
A year before 26 September 2011, gold was around $1,296.00 per troy ounce. The close of $1,592.50 therefore represents a rise of 22.9% over twelve months.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 15.68% below the highest close on record up to that date, which was set on 2011-08-22.