Distance from the record
This close sat 35.18% 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 October 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 October 2014
Gold closed at $1,224.30 per troy ounce on 29 October 2014, down $4.900 (0.40%) from the previous close of $1,229.20.
This close sat 35.18% 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 $1,345.20, making this a -8.99% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,224.30 per troy ounce on 29 October 2014. That is $4.90 lower than the previous close of $1,229.20, a move of -0.40%.
The gold price fell on 29 October 2014, losing $4.90 (0.40%) against the previous session's close of $1,229.20.
At $1,224.30 per troy ounce, one gram of pure gold was worth about $39.36 on 29 October 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 October 2014 18k gold was worth about $29.52 per gram and 14k about $22.96 per gram, against $39.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.1 on 29 October 2014, meaning one ounce of gold was worth roughly 71.1 ounces of silver.
It closed 35.18% below the highest close on record up to that date, which was set on 2011-08-22.