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 October 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 12 September 2022
Gold closed at $1,721.10 per troy ounce on 4 October 2022, up $28.20 (1.67%) from the previous close of $1,692.90.
Notable session: 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.
No earlier session that month closed above this level.
This close sat 16.11% 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 $1,766.20, making this a -2.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,721.10 per troy ounce on 4 October 2022. That is $28.20 higher than the previous close of $1,692.90, a move of 1.67%.
The gold price rose on 4 October 2022, gaining $28.20 (1.67%) against the previous session's close of $1,692.90.
At $1,721.10 per troy ounce, one gram of pure gold was worth about $55.33 on 4 October 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 October 2022 18k gold was worth about $41.50 per gram and 14k about $32.28 per gram, against $55.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.8 on 4 October 2022, meaning one ounce of gold was worth roughly 81.8 ounces of silver.
A week before 4 October 2022, gold was around $1,626.70 per troy ounce, so the close of $1,721.10 is a gain of 5.8% over the week.
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 16.11% below the highest close on record up to that date, which was set on 2020-08-06.