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This page is a historical record of the gold price in 5 August 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,648.80 per troy ounce on 5 August 2011, down $7.400 (0.45%) from the previous close of $1,656.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,197.20, making this a +37.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,648.80 per troy ounce on 5 August 2011. That is $7.40 lower than the previous close of $1,656.20, a move of -0.45%.
The gold price fell on 5 August 2011, losing $7.40 (0.45%) against the previous session's close of $1,656.20.
At $1,648.80 per troy ounce, one gram of pure gold was worth about $53.01 on 5 August 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 August 2011 18k gold was worth about $39.76 per gram and 14k about $30.92 per gram, against $53.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.2 on 5 August 2011, meaning one ounce of gold was worth roughly 43.2 ounces of silver.
A month before 5 August 2011, gold was around $1,512.30 per troy ounce, so the close of $1,648.80 is a gain of 9.0% over the month.
A year before 5 August 2011, gold was around $1,197.20 per troy ounce. The close of $1,648.80 therefore represents a rise of 37.7% over twelve months.
It closed 0.88% below the highest close on record up to that date, which was set on 2011-08-03.