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 September 2011, not the current price.See today's gold price (11 September 2026)
Gold jumps 3.6% in a single session
Gold closed at $1,650.60 per troy ounce on 27 September 2011, up $58.10 (3.65%) from the previous close of $1,592.50.
Notable session: moved more than 3% in a session.
This was a 3.65% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 12.61% 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 $1,296.70, making this a +27.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,650.60 per troy ounce on 27 September 2011. That is $58.10 higher than the previous close of $1,592.50, a move of 3.65%.
The gold price rose on 27 September 2011, gaining $58.10 (3.65%) against the previous session's close of $1,592.50.
At $1,650.60 per troy ounce, one gram of pure gold was worth about $53.07 on 27 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 September 2011 18k gold was worth about $39.80 per gram and 14k about $30.96 per gram, against $53.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.4 on 27 September 2011, meaning one ounce of gold was worth roughly 52.4 ounces of silver.
A week before 27 September 2011, gold was around $1,806.60 per troy ounce, so the close of $1,650.60 is a loss of 8.6% over the week.
A month before 27 September 2011, gold was around $1,794.10 per troy ounce, so the close of $1,650.60 is a loss of 8.0% over the month.
A year before 27 September 2011, gold was around $1,296.70 per troy ounce. The close of $1,650.60 therefore represents a rise of 27.3% over twelve months.
It closed 12.61% below the highest close on record up to that date, which was set on 2011-08-22.