Distance from the record
This close sat 18.58% 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 28 August 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,537.80 per troy ounce on 28 August 2019, down $3.200 (0.21%) from the previous close of $1,541.00.
This close sat 18.58% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 4 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,207.40, making this a +27.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,537.80 per troy ounce on 28 August 2019. That is $3.20 lower than the previous close of $1,541.00, a move of -0.21%.
The gold price fell on 28 August 2019, losing $3.20 (0.21%) against the previous session's close of $1,541.00.
At $1,537.80 per troy ounce, one gram of pure gold was worth about $49.44 on 28 August 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 August 2019 18k gold was worth about $37.08 per gram and 14k about $28.84 per gram, against $49.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.0 on 28 August 2019, meaning one ounce of gold was worth roughly 84.0 ounces of silver.
A week before 28 August 2019, gold was around $1,504.60 per troy ounce, so the close of $1,537.80 is a gain of 2.2% over the week.
A month before 28 August 2019, gold was around $1,418.50 per troy ounce, so the close of $1,537.80 is a gain of 8.4% over the month.
A year before 28 August 2019, gold was around $1,207.40 per troy ounce. The close of $1,537.80 therefore represents a rise of 27.4% over twelve months.
It closed 18.58% below the highest close on record up to that date, which was set on 2011-08-22.