Distance from the record
This close sat 21.96% 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 4 December 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,474.00 per troy ounce on 4 December 2019, down $4.200 (0.28%) from the previous close of $1,478.20.
This close sat 21.96% 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 $1,241.10, making this a +18.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,474.00 per troy ounce on 4 December 2019. That is $4.20 lower than the previous close of $1,478.20, a move of -0.28%.
The gold price fell on 4 December 2019, losing $4.20 (0.28%) against the previous session's close of $1,478.20.
At $1,474.00 per troy ounce, one gram of pure gold was worth about $47.39 on 4 December 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 December 2019 18k gold was worth about $35.54 per gram and 14k about $27.64 per gram, against $47.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.8 on 4 December 2019, meaning one ounce of gold was worth roughly 87.8 ounces of silver.
A year before 4 December 2019, gold was around $1,241.10 per troy ounce. The close of $1,474.00 therefore represents a rise of 18.8% over twelve months.
It closed 21.96% below the highest close on record up to that date, which was set on 2011-08-22.