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This page is a historical record of the gold price in 4 August 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,656.20 per troy ounce on 4 August 2011, down $7.200 (0.43%) from the previous close of $1,663.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,193.70, making this a +38.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,656.20 per troy ounce on 4 August 2011. That is $7.20 lower than the previous close of $1,663.40, a move of -0.43%.
The gold price fell on 4 August 2011, losing $7.20 (0.43%) against the previous session's close of $1,663.40.
At $1,656.20 per troy ounce, one gram of pure gold was worth about $53.25 on 4 August 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 August 2011 18k gold was worth about $39.94 per gram and 14k about $31.06 per gram, against $53.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 42.0 on 4 August 2011, meaning one ounce of gold was worth roughly 42.0 ounces of silver.
A week before 4 August 2011, gold was around $1,613.40 per troy ounce, so the close of $1,656.20 is a gain of 2.7% over the week.
A month before 4 August 2011, gold was around $1,502.30 per troy ounce, so the close of $1,656.20 is a gain of 10.2% over the month.
A year before 4 August 2011, gold was around $1,193.70 per troy ounce. The close of $1,656.20 therefore represents a rise of 38.7% over twelve months.
It closed 0.43% below the highest close on record up to that date, which was set on 2011-08-03.