Distance from the record
This close sat 24.49% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 31 July 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,426.10 per troy ounce on 31 July 2019, down $3.600 (0.25%) from the previous close of $1,429.70.
This close sat 24.49% 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 $1,223.70, making this a +16.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,426.10 per troy ounce on 31 July 2019. That is $3.60 lower than the previous close of $1,429.70, a move of -0.25%.
The gold price fell on 31 July 2019, losing $3.60 (0.25%) against the previous session's close of $1,429.70.
At $1,426.10 per troy ounce, one gram of pure gold was worth about $45.85 on 31 July 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 July 2019 18k gold was worth about $34.39 per gram and 14k about $26.75 per gram, against $45.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.2 on 31 July 2019, meaning one ounce of gold was worth roughly 87.2 ounces of silver.
A year before 31 July 2019, gold was around $1,223.70 per troy ounce. The close of $1,426.10 therefore represents a rise of 16.5% over twelve months.
It closed 24.49% below the highest close on record up to that date, which was set on 2011-08-22.