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Gold closed at $2,740.30 per troy ounce on 5 November 2024, up $4.200 (0.15%) from the previous close of $2,736.10.
Notable session: highest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +34.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,740.30 per troy ounce on 5 November 2024. That is $4.20 higher than the previous close of $2,736.10, a move of 0.15%.
The gold price rose on 5 November 2024, gaining $4.20 (0.15%) against the previous session's close of $2,736.10.
At $2,740.30 per troy ounce, one gram of pure gold was worth about $88.10 on 5 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 November 2024 18k gold was worth about $66.08 per gram and 14k about $51.39 per gram, against $88.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.9 on 5 November 2024, meaning one ounce of gold was worth roughly 83.9 ounces of silver.
A week before 5 November 2024, gold was around $2,768.40 per troy ounce, so the close of $2,740.30 is a loss of 1.0% over the week.
A month before 5 November 2024, gold was around $2,645.80 per troy ounce, so the close of $2,740.30 is a gain of 3.6% over the month.
A year before 5 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,740.30 therefore represents a rise of 34.5% over twelve months.