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Highest closing price since 8 August 2025
Gold closed at $3,431.80 per troy ounce on 28 August 2025, up $27.20 (0.80%) from the previous close of $3,404.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,501.00, making this a +37.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,431.80 per troy ounce on 28 August 2025. That is $27.20 higher than the previous close of $3,404.60, a move of 0.80%.
The gold price rose on 28 August 2025, gaining $27.20 (0.80%) against the previous session's close of $3,404.60.
At $3,431.80 per troy ounce, one gram of pure gold was worth about $110.33 on 28 August 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 August 2025 18k gold was worth about $82.75 per gram and 14k about $64.36 per gram, against $110.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.6 on 28 August 2025, meaning one ounce of gold was worth roughly 87.6 ounces of silver.
A week before 28 August 2025, gold was around $3,336.90 per troy ounce, so the close of $3,431.80 is a gain of 2.8% over the week.
A month before 28 August 2025, gold was around $3,309.10 per troy ounce, so the close of $3,431.80 is a gain of 3.7% over the month.
A year before 28 August 2025, gold was around $2,501.00 per troy ounce. The close of $3,431.80 therefore represents a rise of 37.2% over twelve months.