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 July 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 July 2022
Gold closed at $1,762.90 per troy ounce on 29 July 2022, up $12.60 (0.72%) from the previous close of $1,750.30.
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 14.07% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,831.20, making this a -3.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,762.90 per troy ounce on 29 July 2022. That is $12.60 higher than the previous close of $1,750.30, a move of 0.72%.
The gold price rose on 29 July 2022, gaining $12.60 (0.72%) against the previous session's close of $1,750.30.
At $1,762.90 per troy ounce, one gram of pure gold was worth about $56.68 on 29 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 July 2022 18k gold was worth about $42.51 per gram and 14k about $33.06 per gram, against $56.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.5 on 29 July 2022, meaning one ounce of gold was worth roughly 87.5 ounces of silver.
A week before 29 July 2022, gold was around $1,727.10 per troy ounce, so the close of $1,762.90 is a gain of 2.1% 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 14.07% below the highest close on record up to that date, which was set on 2020-08-06.