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Gold closed at $2,629.20 per troy ounce on 31 December 2024, up $23.10 (0.89%) from the previous close of $2,606.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,062.40, making this a +27.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,629.20 per troy ounce on 31 December 2024. That is $23.10 higher than the previous close of $2,606.10, a move of 0.89%.
The gold price rose on 31 December 2024, gaining $23.10 (0.89%) against the previous session's close of $2,606.10.
At $2,629.20 per troy ounce, one gram of pure gold was worth about $84.53 on 31 December 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 December 2024 18k gold was worth about $63.40 per gram and 14k about $49.31 per gram, against $84.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.9 on 31 December 2024, meaning one ounce of gold was worth roughly 90.9 ounces of silver.
A week before 31 December 2024, gold was around $2,620.00 per troy ounce, so the close of $2,629.20 is a gain of 0.4% over the week.
A month before 31 December 2024, gold was around $2,657.00 per troy ounce, so the close of $2,629.20 is a loss of 1.0% over the month.
A year before 31 December 2024, gold was around $2,062.40 per troy ounce. The close of $2,629.20 therefore represents a rise of 27.5% over twelve months.