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 2017, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 December 2017
Gold closed at $1,306.30 per troy ounce on 29 December 2017, up $12.20 (0.94%) from the previous close of $1,294.10.
This close extended a run of 7 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 30.84% 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 $1,156.40, making this a +12.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,306.30 per troy ounce on 29 December 2017. That is $12.20 higher than the previous close of $1,294.10, a move of 0.94%.
The gold price rose on 29 December 2017, gaining $12.20 (0.94%) against the previous session's close of $1,294.10.
At $1,306.30 per troy ounce, one gram of pure gold was worth about $42.00 on 29 December 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 December 2017 18k gold was worth about $31.50 per gram and 14k about $24.50 per gram, against $42.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.6 on 29 December 2017, meaning one ounce of gold was worth roughly 76.6 ounces of silver.
A week before 29 December 2017, gold was around $1,275.40 per troy ounce, so the close of $1,306.30 is a gain of 2.4% over the week.
A year before 29 December 2017, gold was around $1,156.40 per troy ounce. The close of $1,306.30 therefore represents a rise of 13.0% over twelve months.
This close was session 7 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 30.84% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 3 months earlier — 67 trading sessions before this one.