Distance from the record
This close sat 36.99% 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 December 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,190.10 per troy ounce on 5 December 2014, down $17.40 (1.44%) from the previous close of $1,207.50.
This close sat 36.99% 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 $1,233.20, making this a -3.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,190.10 per troy ounce on 5 December 2014. That is $17.40 lower than the previous close of $1,207.50, a move of -1.44%.
The gold price fell on 5 December 2014, losing $17.40 (1.44%) against the previous session's close of $1,207.50.
At $1,190.10 per troy ounce, one gram of pure gold was worth about $38.26 on 5 December 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2014 18k gold was worth about $28.70 per gram and 14k about $22.32 per gram, against $38.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.5 on 5 December 2014, meaning one ounce of gold was worth roughly 73.5 ounces of silver.
It closed 36.99% below the highest close on record up to that date, which was set on 2011-08-22.