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Gold closed at $2,638.40 per troy ounce on 6 January 2025, down $6.600 (0.25%) from the previous close of $2,645.00.
Notable session: lowest close of the year; lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,048.40, making this a +28.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,638.40 per troy ounce on 6 January 2025. That is $6.60 lower than the previous close of $2,645.00, a move of -0.25%.
The gold price fell on 6 January 2025, losing $6.60 (0.25%) against the previous session's close of $2,645.00.
At $2,638.40 per troy ounce, one gram of pure gold was worth about $84.83 on 6 January 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 January 2025 18k gold was worth about $63.62 per gram and 14k about $49.48 per gram, against $84.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.0 on 6 January 2025, meaning one ounce of gold was worth roughly 87.0 ounces of silver.
A week before 6 January 2025, gold was around $2,606.10 per troy ounce, so the close of $2,638.40 is a gain of 1.2% over the week.
A month before 6 January 2025, gold was around $2,638.60 per troy ounce, so the close of $2,638.40 is a loss of 0.0% over the month.
A year before 6 January 2025, gold was around $2,048.40 per troy ounce. The close of $2,638.40 therefore represents a rise of 28.8% over twelve months.