Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 29 August 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 August 2017
Gold closed at $1,313.10 per troy ounce on 29 August 2017, up $3.400 (0.26%) from the previous close of $1,309.70.
This close extended a run of 3 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 30.48% 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 $1,322.90, making this a -0.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,313.10 per troy ounce on 29 August 2017. That is $3.40 higher than the previous close of $1,309.70, a move of 0.26%.
The gold price rose on 29 August 2017, gaining $3.40 (0.26%) against the previous session's close of $1,309.70.
At $1,313.10 per troy ounce, one gram of pure gold was worth about $42.22 on 29 August 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 August 2017 18k gold was worth about $31.66 per gram and 14k about $24.63 per gram, against $42.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.4 on 29 August 2017, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
A week before 29 August 2017, gold was around $1,285.10 per troy ounce, so the close of $1,313.10 is a gain of 2.2% over the week.
This close was session 3 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 30.48% below the highest close on record up to that date, which was set on 2011-08-22.