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 28 August 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 August 2017
Gold closed at $1,309.70 per troy ounce on 28 August 2017, up $17.20 (1.33%) from the previous close of $1,292.50.
This was the strongest close of the week up to that point.
This close sat 30.66% 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 $1,321.50, making this a -0.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,309.70 per troy ounce on 28 August 2017. That is $17.20 higher than the previous close of $1,292.50, a move of 1.33%.
The gold price rose on 28 August 2017, gaining $17.20 (1.33%) against the previous session's close of $1,292.50.
At $1,309.70 per troy ounce, one gram of pure gold was worth about $42.11 on 28 August 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 August 2017 18k gold was worth about $31.58 per gram and 14k about $24.56 per gram, against $42.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.1 on 28 August 2017, meaning one ounce of gold was worth roughly 75.1 ounces of silver.
It closed 30.66% below the highest close on record up to that date, which was set on 2011-08-22.