Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 4 August 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 30 June 2022
Gold closed at $1,788.50 per troy ounce on 4 August 2022, up $30.50 (1.73%) from the previous close of $1,758.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 12.82% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,810.50, making this a -1.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,788.50 per troy ounce on 4 August 2022. That is $30.50 higher than the previous close of $1,758.00, a move of 1.73%.
The gold price rose on 4 August 2022, gaining $30.50 (1.73%) against the previous session's close of $1,758.00.
At $1,788.50 per troy ounce, one gram of pure gold was worth about $57.50 on 4 August 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 August 2022 18k gold was worth about $43.13 per gram and 14k about $33.54 per gram, against $57.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.0 on 4 August 2022, meaning one ounce of gold was worth roughly 89.0 ounces of silver.
A week before 4 August 2022, gold was around $1,750.30 per troy ounce, so the close of $1,788.50 is a gain of 2.2% over the week.
It closed 12.82% below the highest close on record up to that date, which was set on 2020-08-06.