Distance from the record
This close sat 32.02% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 5 August 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,284.00 per troy ounce on 5 August 2014, down $3.700 (0.29%) from the previous close of $1,287.70.
This close sat 32.02% 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 $1,302.60, making this a -1.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,284.00 per troy ounce on 5 August 2014. That is $3.70 lower than the previous close of $1,287.70, a move of -0.29%.
The gold price fell on 5 August 2014, losing $3.70 (0.29%) against the previous session's close of $1,287.70.
At $1,284.00 per troy ounce, one gram of pure gold was worth about $41.28 on 5 August 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 August 2014 18k gold was worth about $30.96 per gram and 14k about $24.08 per gram, against $41.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.9 on 5 August 2014, meaning one ounce of gold was worth roughly 64.9 ounces of silver.
It closed 32.02% below the highest close on record up to that date, which was set on 2011-08-22.