Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 4 October 2012, not the current price.See today's gold price (11 September 2026)
Highest closing price since 8 November 2011
Gold closed at $1,794.10 per troy ounce on 4 October 2012, up $16.80 (0.95%) from the previous close of $1,777.30.
Notable session: highest close of the year; highest close of the month.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 5.01% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 1 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,614.70, making this a +11.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,794.10 per troy ounce on 4 October 2012. That is $16.80 higher than the previous close of $1,777.30, a move of 0.95%.
The gold price rose on 4 October 2012, gaining $16.80 (0.95%) against the previous session's close of $1,777.30.
At $1,794.10 per troy ounce, one gram of pure gold was worth about $57.68 on 4 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 October 2012 18k gold was worth about $43.26 per gram and 14k about $33.65 per gram, against $57.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.2 on 4 October 2012, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A month before 4 October 2012, gold was around $1,692.90 per troy ounce, so the close of $1,794.10 is a gain of 6.0% over the month.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 5.01% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 11 months earlier — 226 trading sessions before this one.