Distance from the record
This close sat 29.80% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 27 September 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,325.90 per troy ounce on 27 September 2016, down $13.80 (1.03%) from the previous close of $1,339.70.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 29.80% 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 $1,146.00, making this a +15.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,325.90 per troy ounce on 27 September 2016. That is $13.80 lower than the previous close of $1,339.70, a move of -1.03%.
The gold price fell on 27 September 2016, losing $13.80 (1.03%) against the previous session's close of $1,339.70.
At $1,325.90 per troy ounce, one gram of pure gold was worth about $42.63 on 27 September 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 September 2016 18k gold was worth about $31.97 per gram and 14k about $24.87 per gram, against $42.63 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.5 on 27 September 2016, meaning one ounce of gold was worth roughly 69.5 ounces of silver.
A year before 27 September 2016, gold was around $1,146.00 per troy ounce. The close of $1,325.90 therefore represents a rise of 15.7% over twelve months.
It closed 29.80% below the highest close on record up to that date, which was set on 2011-08-22.