Distance from the record
This close sat 31.92% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 29 August 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,285.80 per troy ounce on 29 August 2014, down $2.900 (0.23%) from the previous close of $1,288.70.
This close sat 31.92% 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 $1,412.90, making this a -9.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,285.80 per troy ounce on 29 August 2014. That is $2.90 lower than the previous close of $1,288.70, a move of -0.23%.
The gold price fell on 29 August 2014, losing $2.90 (0.23%) against the previous session's close of $1,288.70.
At $1,285.80 per troy ounce, one gram of pure gold was worth about $41.34 on 29 August 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 August 2014 18k gold was worth about $31.00 per gram and 14k about $24.11 per gram, against $41.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.3 on 29 August 2014, meaning one ounce of gold was worth roughly 66.3 ounces of silver.
It closed 31.92% below the highest close on record up to that date, which was set on 2011-08-22.