Distance from the record
This close sat 38.18% 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 6 December 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,167.60 per troy ounce on 6 December 2016, down $6.400 (0.55%) from the previous close of $1,174.00.
This close sat 38.18% 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 $1,084.50, making this a +7.66% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,167.60 per troy ounce on 6 December 2016. That is $6.40 lower than the previous close of $1,174.00, a move of -0.55%.
The gold price fell on 6 December 2016, losing $6.40 (0.55%) against the previous session's close of $1,174.00.
At $1,167.60 per troy ounce, one gram of pure gold was worth about $37.54 on 6 December 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 December 2016 18k gold was worth about $28.15 per gram and 14k about $21.90 per gram, against $37.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.7 on 6 December 2016, meaning one ounce of gold was worth roughly 69.7 ounces of silver.
A month before 6 December 2016, gold was around $1,303.30 per troy ounce, so the close of $1,167.60 is a loss of 10.4% over the month.
It closed 38.18% below the highest close on record up to that date, which was set on 2011-08-22.