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 27 December 2018, not the current price.See today's gold price (11 September 2026)
Highest closing price since 14 June 2018
Gold closed at $1,277.30 per troy ounce on 27 December 2018, up $8.100 (0.64%) from the previous close of $1,269.20.
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.
No earlier session that month closed above this level.
This close sat 32.37% 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 $1,287.00, making this a -0.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,277.30 per troy ounce on 27 December 2018. That is $8.10 higher than the previous close of $1,269.20, a move of 0.64%.
The gold price rose on 27 December 2018, gaining $8.10 (0.64%) against the previous session's close of $1,269.20.
At $1,277.30 per troy ounce, one gram of pure gold was worth about $41.07 on 27 December 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 December 2018 18k gold was worth about $30.80 per gram and 14k about $23.96 per gram, against $41.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.1 on 27 December 2018, meaning one ounce of gold was worth roughly 84.1 ounces of silver.
A month before 27 December 2018, gold was around $1,211.20 per troy ounce, so the close of $1,277.30 is a gain of 5.5% over the month.
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 32.37% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 6 months earlier — 135 trading sessions before this one.