Distance from the record
This close sat 15.43% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 6 July 2022, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 29 September 2021
Gold closed at $1,734.90 per troy ounce on 6 July 2022, down $26.90 (1.53%) from the previous close of $1,761.80.
This close extended a run of 7 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 15.43% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,793.50, making this a -3.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,734.90 per troy ounce on 6 July 2022. That is $26.90 lower than the previous close of $1,761.80, a move of -1.53%.
The gold price fell on 6 July 2022, losing $26.90 (1.53%) against the previous session's close of $1,761.80.
At $1,734.90 per troy ounce, one gram of pure gold was worth about $55.78 on 6 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 July 2022 18k gold was worth about $41.83 per gram and 14k about $32.54 per gram, against $55.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.9 on 6 July 2022, meaning one ounce of gold was worth roughly 90.9 ounces of silver.
A week before 6 July 2022, gold was around $1,813.70 per troy ounce, so the close of $1,734.90 is a loss of 4.3% over the week.
A month before 6 July 2022, gold was around $1,839.20 per troy ounce, so the close of $1,734.90 is a loss of 5.7% over the month.
This close was session 7 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 15.43% below the highest close on record up to that date, which was set on 2020-08-06.