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 30 July 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 July 2017
Gold closed at $1,221.30 per troy ounce on 30 July 2018, down $1.300 (0.11%) from the previous close of $1,222.60.
Notable session: lowest close of the month.
Gold had not closed this low for about a year. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This was the strongest close of the week up to that point.
This close sat 35.34% 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 $1,268.40, making this a -3.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,221.30 per troy ounce on 30 July 2018. That is $1.30 lower than the previous close of $1,222.60, a move of -0.11%.
The gold price fell on 30 July 2018, losing $1.30 (0.11%) against the previous session's close of $1,222.60.
At $1,221.30 per troy ounce, one gram of pure gold was worth about $39.27 on 30 July 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 July 2018 18k gold was worth about $29.45 per gram and 14k about $22.90 per gram, against $39.27 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.9 on 30 July 2018, meaning one ounce of gold was worth roughly 78.9 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 35.34% below the highest close on record up to that date, which was set on 2011-08-22.