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 October 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,490.00 per troy ounce on 28 October 2019, down $9.500 (0.63%) from the previous close of $1,499.50.
This was the strongest close of the week up to that point.
This close sat 21.11% 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 $1,232.50, making this a +20.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,490.00 per troy ounce on 28 October 2019. That is $9.50 lower than the previous close of $1,499.50, a move of -0.63%.
The gold price fell on 28 October 2019, losing $9.50 (0.63%) against the previous session's close of $1,499.50.
At $1,490.00 per troy ounce, one gram of pure gold was worth about $47.90 on 28 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 October 2019 18k gold was worth about $35.93 per gram and 14k about $27.94 per gram, against $47.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.6 on 28 October 2019, meaning one ounce of gold was worth roughly 83.6 ounces of silver.
A year before 28 October 2019, gold was around $1,232.50 per troy ounce. The close of $1,490.00 therefore represents a rise of 20.9% over twelve months.
It closed 21.11% below the highest close on record up to that date, which was set on 2011-08-22.