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This page is a historical record of the gold price in 27 July 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,615.00 per troy ounce on 27 July 2011, down $1.600 (0.10%) from the previous close of $1,616.60.
Gold barely moved, closing within 0.10% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,158.00, making this a +39.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,615.00 per troy ounce on 27 July 2011. That is $1.60 lower than the previous close of $1,616.60, a move of -0.10%.
The gold price fell on 27 July 2011, losing $1.60 (0.10%) against the previous session's close of $1,616.60.
At $1,615.00 per troy ounce, one gram of pure gold was worth about $51.92 on 27 July 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 July 2011 18k gold was worth about $38.94 per gram and 14k about $30.29 per gram, against $51.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 39.8 on 27 July 2011, meaning one ounce of gold was worth roughly 39.8 ounces of silver.
A month before 27 July 2011, gold was around $1,496.00 per troy ounce, so the close of $1,615.00 is a gain of 8.0% over the month.
A year before 27 July 2011, gold was around $1,158.00 per troy ounce. The close of $1,615.00 therefore represents a rise of 39.5% over twelve months.
It closed 0.10% below the highest close on record up to that date, which was set on 2011-07-26.