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Gold closed at $2,501.00 per troy ounce on 28 August 2024, down $15.00 (0.60%) from the previous close of $2,516.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +29.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,501.00 per troy ounce on 28 August 2024. That is $15.00 lower than the previous close of $2,516.00, a move of -0.60%.
The gold price fell on 28 August 2024, losing $15.00 (0.60%) against the previous session's close of $2,516.00.
At $2,501.00 per troy ounce, one gram of pure gold was worth about $80.41 on 28 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 August 2024 18k gold was worth about $60.31 per gram and 14k about $46.91 per gram, against $80.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.7 on 28 August 2024, meaning one ounce of gold was worth roughly 85.7 ounces of silver.
A week before 28 August 2024, gold was around $2,508.40 per troy ounce, so the close of $2,501.00 is a loss of 0.3% over the week.
A month before 28 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,501.00 is a gain of 3.1% over the month.
A year before 28 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,501.00 therefore represents a rise of 29.0% over twelve months.