Distance from the record
This close sat 14.81% 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 July 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,608.90 per troy ounce on 5 July 2012, down $12.40 (0.76%) from the previous close of $1,621.30.
This close sat 14.81% 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 $1,512.30, making this a +6.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,608.90 per troy ounce on 5 July 2012. That is $12.40 lower than the previous close of $1,621.30, a move of -0.76%.
The gold price fell on 5 July 2012, losing $12.40 (0.76%) against the previous session's close of $1,621.30.
At $1,608.90 per troy ounce, one gram of pure gold was worth about $51.73 on 5 July 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 July 2012 18k gold was worth about $38.80 per gram and 14k about $30.17 per gram, against $51.73 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.2 on 5 July 2012, meaning one ounce of gold was worth roughly 58.2 ounces of silver.
A week before 5 July 2012, gold was around $1,549.70 per troy ounce, so the close of $1,608.90 is a gain of 3.8% over the week.
It closed 14.81% below the highest close on record up to that date, which was set on 2011-08-22.