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 December 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 December 2017
Gold closed at $1,294.10 per troy ounce on 28 December 2017, up $7.100 (0.55%) from the previous close of $1,287.00.
This close extended a run of 6 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 31.48% 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 $1,139.40, making this a +13.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,294.10 per troy ounce on 28 December 2017. That is $7.10 higher than the previous close of $1,287.00, a move of 0.55%.
The gold price rose on 28 December 2017, gaining $7.10 (0.55%) against the previous session's close of $1,287.00.
At $1,294.10 per troy ounce, one gram of pure gold was worth about $41.61 on 28 December 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 December 2017 18k gold was worth about $31.20 per gram and 14k about $24.27 per gram, against $41.61 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.9 on 28 December 2017, meaning one ounce of gold was worth roughly 76.9 ounces of silver.
A week before 28 December 2017, gold was around $1,267.30 per troy ounce, so the close of $1,294.10 is a gain of 2.1% over the week.
A year before 28 December 2017, gold was around $1,139.40 per troy ounce. The close of $1,294.10 therefore represents a rise of 13.6% over twelve months.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 31.48% below the highest close on record up to that date, which was set on 2011-08-22.