Distance from the record
This close sat 32.76% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 5 October 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 8 August 2017
Gold closed at $1,269.90 per troy ounce on 5 October 2017, down $3.800 (0.30%) from the previous close of $1,273.70.
This close sat 32.76% 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 $1,265.20, making this a +0.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,269.90 per troy ounce on 5 October 2017. That is $3.80 lower than the previous close of $1,273.70, a move of -0.30%.
The gold price fell on 5 October 2017, losing $3.80 (0.30%) against the previous session's close of $1,273.70.
At $1,269.90 per troy ounce, one gram of pure gold was worth about $40.83 on 5 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2017 18k gold was worth about $30.62 per gram and 14k about $23.82 per gram, against $40.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.6 on 5 October 2017, meaning one ounce of gold was worth roughly 76.6 ounces of silver.
A month before 5 October 2017, gold was around $1,339.20 per troy ounce, so the close of $1,269.90 is a loss of 5.2% over the month.
It closed 32.76% below the highest close on record up to that date, which was set on 2011-08-22.