Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 31 December 2019, not the current price.See today's gold price (11 September 2026)
Highest closing price since 24 September 2019
Gold closed at $1,519.50 per troy ounce on 31 December 2019, up $5.000 (0.33%) from the previous close of $1,514.50.
Notable session: highest close of the month.
This close extended a run of 6 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 19.55% 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 $1,278.30, making this a +18.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,519.50 per troy ounce on 31 December 2019. That is $5.00 higher than the previous close of $1,514.50, a move of 0.33%.
The gold price rose on 31 December 2019, gaining $5.00 (0.33%) against the previous session's close of $1,514.50.
At $1,519.50 per troy ounce, one gram of pure gold was worth about $48.85 on 31 December 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 December 2019 18k gold was worth about $36.64 per gram and 14k about $28.50 per gram, against $48.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.2 on 31 December 2019, meaning one ounce of gold was worth roughly 85.2 ounces of silver.
A year before 31 December 2019, gold was around $1,278.30 per troy ounce. The close of $1,519.50 therefore represents a rise of 18.9% over twelve months.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 19.55% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 3 months earlier — 68 trading sessions before this one.