Distance from the record
This close sat 29.24% 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 5 August 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,336.40 per troy ounce on 5 August 2016, down $22.40 (1.65%) from the previous close of $1,358.80.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 29.24% 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 $1,085.70, making this a +23.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,336.40 per troy ounce on 5 August 2016. That is $22.40 lower than the previous close of $1,358.80, a move of -1.65%.
The gold price fell on 5 August 2016, losing $22.40 (1.65%) against the previous session's close of $1,358.80.
At $1,336.40 per troy ounce, one gram of pure gold was worth about $42.97 on 5 August 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 August 2016 18k gold was worth about $32.22 per gram and 14k about $25.06 per gram, against $42.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.6 on 5 August 2016, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A year before 5 August 2016, gold was around $1,085.70 per troy ounce. The close of $1,336.40 therefore represents a rise of 23.1% over twelve months.
It closed 29.24% below the highest close on record up to that date, which was set on 2011-08-22.