Distance from the record
This close sat 19.18% 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 29 August 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,526.50 per troy ounce on 29 August 2019, down $11.30 (0.73%) from the previous close of $1,537.80.
This close sat 19.18% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 7 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,204.50, making this a +26.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,526.50 per troy ounce on 29 August 2019. That is $11.30 lower than the previous close of $1,537.80, a move of -0.73%.
The gold price fell on 29 August 2019, losing $11.30 (0.73%) against the previous session's close of $1,537.80.
At $1,526.50 per troy ounce, one gram of pure gold was worth about $49.08 on 29 August 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 August 2019 18k gold was worth about $36.81 per gram and 14k about $28.63 per gram, against $49.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.0 on 29 August 2019, meaning one ounce of gold was worth roughly 84.0 ounces of silver.
A month before 29 August 2019, gold was around $1,419.60 per troy ounce, so the close of $1,526.50 is a gain of 7.5% over the month.
A year before 29 August 2019, gold was around $1,204.50 per troy ounce. The close of $1,526.50 therefore represents a rise of 26.7% over twelve months.
It closed 19.18% below the highest close on record up to that date, which was set on 2011-08-22.