Distance from the record
This close sat 5.83% 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 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,778.60 per troy ounce on 5 October 2012, down $15.50 (0.86%) from the previous close of $1,794.10.
This close sat 5.83% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 4 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,640.30, making this a +8.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,778.60 per troy ounce on 5 October 2012. That is $15.50 lower than the previous close of $1,794.10, a move of -0.86%.
The gold price fell on 5 October 2012, losing $15.50 (0.86%) against the previous session's close of $1,794.10.
At $1,778.60 per troy ounce, one gram of pure gold was worth about $57.18 on 5 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2012 18k gold was worth about $42.89 per gram and 14k about $33.36 per gram, against $57.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.5 on 5 October 2012, meaning one ounce of gold was worth roughly 51.5 ounces of silver.
A month before 5 October 2012, gold was around $1,690.80 per troy ounce, so the close of $1,778.60 is a gain of 5.2% over the month.
It closed 5.83% below the highest close on record up to that date, which was set on 2011-08-22.