Distance from the record
This close sat 14.73% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 31 July 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,610.50 per troy ounce on 31 July 2012, down $9.200 (0.57%) from the previous close of $1,619.70.
This close sat 14.73% 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 $1,628.30, making this a -1.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,610.50 per troy ounce on 31 July 2012. That is $9.20 lower than the previous close of $1,619.70, a move of -0.57%.
The gold price fell on 31 July 2012, losing $9.20 (0.57%) against the previous session's close of $1,619.70.
At $1,610.50 per troy ounce, one gram of pure gold was worth about $51.78 on 31 July 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 July 2012 18k gold was worth about $38.83 per gram and 14k about $30.20 per gram, against $51.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.7 on 31 July 2012, meaning one ounce of gold was worth roughly 57.7 ounces of silver.
A week before 31 July 2012, gold was around $1,576.00 per troy ounce, so the close of $1,610.50 is a gain of 2.2% over the week.
It closed 14.73% below the highest close on record up to that date, which was set on 2011-08-22.