Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 7 August 2014, not the current price.See today's gold price (11 September 2026)
Highest closing price since 21 July 2014
Gold closed at $1,310.80 per troy ounce on 7 August 2014, up $4.100 (0.31%) from the previous close of $1,306.70.
No earlier session that month closed above this level.
This close sat 30.60% 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 $1,286.10, making this a +1.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,310.80 per troy ounce on 7 August 2014. That is $4.10 higher than the previous close of $1,306.70, a move of 0.31%.
The gold price rose on 7 August 2014, gaining $4.10 (0.31%) against the previous session's close of $1,306.70.
At $1,310.80 per troy ounce, one gram of pure gold was worth about $42.14 on 7 August 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 August 2014 18k gold was worth about $31.61 per gram and 14k about $24.58 per gram, against $42.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.7 on 7 August 2014, meaning one ounce of gold was worth roughly 65.7 ounces of silver.
A week before 7 August 2014, gold was around $1,281.30 per troy ounce, so the close of $1,310.80 is a gain of 2.3% over the week.
It closed 30.60% below the highest close on record up to that date, which was set on 2011-08-22.