Distance from the record
This close sat 13.15% 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 October 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,640.30 per troy ounce on 5 October 2011, up $25.60 (1.59%) from the previous close of $1,614.70.
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 13.15% 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 $1,338.90, making this a +22.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,640.30 per troy ounce on 5 October 2011. That is $25.60 higher than the previous close of $1,614.70, a move of 1.59%.
The gold price rose on 5 October 2011, gaining $25.60 (1.59%) against the previous session's close of $1,614.70.
At $1,640.30 per troy ounce, one gram of pure gold was worth about $52.74 on 5 October 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2011 18k gold was worth about $39.55 per gram and 14k about $30.76 per gram, against $52.74 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.1 on 5 October 2011, meaning one ounce of gold was worth roughly 54.1 ounces of silver.
A month before 5 October 2011, gold was around $1,873.70 per troy ounce, so the close of $1,640.30 is a loss of 12.5% over the month.
A year before 5 October 2011, gold was around $1,338.90 per troy ounce. The close of $1,640.30 therefore represents a rise of 22.5% over twelve months.
It closed 13.15% below the highest close on record up to that date, which was set on 2011-08-22.