Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 27 April 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,249.20 per troy ounce on 27 April 2016, up $7.000 (0.56%) from the previous close of $1,242.20.
This close extended a run of 3 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.
This was the strongest close of the week up to that point.
This close sat 33.86% 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 $1,203.30, making this a +3.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,249.20 per troy ounce on 27 April 2016. That is $7.00 higher than the previous close of $1,242.20, a move of 0.56%.
The gold price rose on 27 April 2016, gaining $7.00 (0.56%) against the previous session's close of $1,242.20.
At $1,249.20 per troy ounce, one gram of pure gold was worth about $40.16 on 27 April 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 April 2016 18k gold was worth about $30.12 per gram and 14k about $23.43 per gram, against $40.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.3 on 27 April 2016, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
This close was session 3 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 33.86% below the highest close on record up to that date, which was set on 2011-08-22.