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Gold closed at $2,812.50 per troy ounce on 31 January 2025, down $10.50 (0.37%) from the previous close of $2,823.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,048.40, making this a +37.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,812.50 per troy ounce on 31 January 2025. That is $10.50 lower than the previous close of $2,823.00, a move of -0.37%.
The gold price fell on 31 January 2025, losing $10.50 (0.37%) against the previous session's close of $2,823.00.
At $2,812.50 per troy ounce, one gram of pure gold was worth about $90.42 on 31 January 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 January 2025 18k gold was worth about $67.82 per gram and 14k about $52.75 per gram, against $90.42 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.5 on 31 January 2025, meaning one ounce of gold was worth roughly 87.5 ounces of silver.
A week before 31 January 2025, gold was around $2,777.30 per troy ounce, so the close of $2,812.50 is a gain of 1.3% over the week.
A month before 31 January 2025, gold was around $2,629.20 per troy ounce, so the close of $2,812.50 is a gain of 7.0% over the month.
A year before 31 January 2025, gold was around $2,048.40 per troy ounce. The close of $2,812.50 therefore represents a rise of 37.3% over twelve months.