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 27 October 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,229.10 per troy ounce on 27 October 2014, down $2.100 (0.17%) from the previous close of $1,231.20.
This was the strongest close of the week up to that point.
This close sat 34.92% 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 $1,352.40, making this a -9.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,229.10 per troy ounce on 27 October 2014. That is $2.10 lower than the previous close of $1,231.20, a move of -0.17%.
The gold price fell on 27 October 2014, losing $2.10 (0.17%) against the previous session's close of $1,231.20.
At $1,229.10 per troy ounce, one gram of pure gold was worth about $39.52 on 27 October 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2014 18k gold was worth about $29.64 per gram and 14k about $23.05 per gram, against $39.52 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.8 on 27 October 2014, meaning one ounce of gold was worth roughly 71.8 ounces of silver.
It closed 34.92% below the highest close on record up to that date, which was set on 2011-08-22.