Distance from the record
This close sat 14.46% 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 September 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,615.50 per troy ounce on 29 September 2011, down $0.800 (0.05%) from the previous close of $1,616.30.
Gold barely moved, closing within 0.05% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 14.46% 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 $1,308.50, making this a +23.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,615.50 per troy ounce on 29 September 2011. That is $0.80 lower than the previous close of $1,616.30, a move of -0.05%.
The gold price fell on 29 September 2011, losing $0.80 (0.05%) against the previous session's close of $1,616.30.
At $1,615.50 per troy ounce, one gram of pure gold was worth about $51.94 on 29 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 September 2011 18k gold was worth about $38.95 per gram and 14k about $30.30 per gram, against $51.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.0 on 29 September 2011, meaning one ounce of gold was worth roughly 53.0 ounces of silver.
A week before 29 September 2011, gold was around $1,739.20 per troy ounce, so the close of $1,615.50 is a loss of 7.1% over the week.
A month before 29 September 2011, gold was around $1,788.40 per troy ounce, so the close of $1,615.50 is a loss of 9.7% over the month.
A year before 29 September 2011, gold was around $1,308.50 per troy ounce. The close of $1,615.50 therefore represents a rise of 23.5% over twelve months.
It closed 14.46% below the highest close on record up to that date, which was set on 2011-08-22.