Distance from the record
This close sat 21.27% 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 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,487.00 per troy ounce on 29 October 2019, down $3.000 (0.20%) from the previous close of $1,490.00.
This close sat 21.27% 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 $1,224.50, making this a +21.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,487.00 per troy ounce on 29 October 2019. That is $3.00 lower than the previous close of $1,490.00, a move of -0.20%.
The gold price fell on 29 October 2019, losing $3.00 (0.20%) against the previous session's close of $1,490.00.
At $1,487.00 per troy ounce, one gram of pure gold was worth about $47.81 on 29 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 October 2019 18k gold was worth about $35.86 per gram and 14k about $27.89 per gram, against $47.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.7 on 29 October 2019, meaning one ounce of gold was worth roughly 83.7 ounces of silver.
A year before 29 October 2019, gold was around $1,224.50 per troy ounce. The close of $1,487.00 therefore represents a rise of 21.4% over twelve months.
It closed 21.27% below the highest close on record up to that date, which was set on 2011-08-22.