Distance from the record
This close sat 30.49% 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 February 2019, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 14 February 2019
Gold closed at $1,312.80 per troy ounce on 28 February 2019, down $4.900 (0.37%) from the previous close of $1,317.70.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 30.49% 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 $1,315.50, making this a -0.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,312.80 per troy ounce on 28 February 2019. That is $4.90 lower than the previous close of $1,317.70, a move of -0.37%.
The gold price fell on 28 February 2019, losing $4.90 (0.37%) against the previous session's close of $1,317.70.
At $1,312.80 per troy ounce, one gram of pure gold was worth about $42.21 on 28 February 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 February 2019 18k gold was worth about $31.66 per gram and 14k about $24.62 per gram, against $42.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.5 on 28 February 2019, meaning one ounce of gold was worth roughly 84.5 ounces of silver.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 30.49% below the highest close on record up to that date, which was set on 2011-08-22.