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Gold closed at $2,511.40 per troy ounce on 5 September 2024, up $18.00 (0.72%) from the previous close of $2,493.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +35.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,511.40 per troy ounce on 5 September 2024. That is $18.00 higher than the previous close of $2,493.40, a move of 0.72%.
The gold price rose on 5 September 2024, gaining $18.00 (0.72%) against the previous session's close of $2,493.40.
At $2,511.40 per troy ounce, one gram of pure gold was worth about $80.74 on 5 September 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 September 2024 18k gold was worth about $60.56 per gram and 14k about $47.10 per gram, against $80.74 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.4 on 5 September 2024, meaning one ounce of gold was worth roughly 87.4 ounces of silver.
A week before 5 September 2024, gold was around $2,525.70 per troy ounce, so the close of $2,511.40 is a loss of 0.6% over the week.
A month before 5 September 2024, gold was around $2,401.70 per troy ounce, so the close of $2,511.40 is a gain of 4.6% over the month.
A year before 5 September 2024, gold was around $1,848.10 per troy ounce. The close of $2,511.40 therefore represents a rise of 35.9% over twelve months.