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 29 December 2016, not the current price.See today's gold price (11 September 2026)
Highest closing price since 14 December 2016
Gold closed at $1,156.40 per troy ounce on 29 December 2016, up $17.00 (1.49%) from the previous close of $1,139.40.
This close extended a run of 4 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 38.77% 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 $1,077.50, making this a +7.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,156.40 per troy ounce on 29 December 2016. That is $17.00 higher than the previous close of $1,139.40, a move of 1.49%.
The gold price rose on 29 December 2016, gaining $17.00 (1.49%) against the previous session's close of $1,139.40.
At $1,156.40 per troy ounce, one gram of pure gold was worth about $37.18 on 29 December 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 December 2016 18k gold was worth about $27.88 per gram and 14k about $21.69 per gram, against $37.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.5 on 29 December 2016, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 29 December 2016, gold was around $1,128.80 per troy ounce, so the close of $1,156.40 is a gain of 2.4% over the week.
This close was session 4 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 38.77% below the highest close on record up to that date, which was set on 2011-08-22.