Distance from the record
This close sat 12.45% 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 30 August 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,653.50 per troy ounce on 30 August 2012, down $6.300 (0.38%) from the previous close of $1,659.80.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 12.45% 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 $1,826.70, making this a -9.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,653.50 per troy ounce on 30 August 2012. That is $6.30 lower than the previous close of $1,659.80, a move of -0.38%.
The gold price fell on 30 August 2012, losing $6.30 (0.38%) against the previous session's close of $1,659.80.
At $1,653.50 per troy ounce, one gram of pure gold was worth about $53.16 on 30 August 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 August 2012 18k gold was worth about $39.87 per gram and 14k about $31.01 per gram, against $53.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.5 on 30 August 2012, meaning one ounce of gold was worth roughly 54.5 ounces of silver.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 12.45% below the highest close on record up to that date, which was set on 2011-08-22.