Distance from the record
This close sat 6.23% 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 September 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,771.10 per troy ounce on 28 September 2012, down $6.500 (0.37%) from the previous close of $1,777.60.
This close sat 6.23% 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 $1,616.30, making this a +9.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,771.10 per troy ounce on 28 September 2012. That is $6.50 lower than the previous close of $1,777.60, a move of -0.37%.
The gold price fell on 28 September 2012, losing $6.50 (0.37%) against the previous session's close of $1,777.60.
At $1,771.10 per troy ounce, one gram of pure gold was worth about $56.94 on 28 September 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 September 2012 18k gold was worth about $42.71 per gram and 14k about $33.22 per gram, against $56.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.3 on 28 September 2012, meaning one ounce of gold was worth roughly 51.3 ounces of silver.
A month before 28 September 2012, gold was around $1,666.50 per troy ounce, so the close of $1,771.10 is a gain of 6.3% over the month.
It closed 6.23% below the highest close on record up to that date, which was set on 2011-08-22.