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Gold closed at $2,390.50 per troy ounce on 7 August 2024, up $1.400 (0.06%) from the previous close of $2,389.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +23.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,390.50 per troy ounce on 7 August 2024. That is $1.40 higher than the previous close of $2,389.10, a move of 0.06%.
The gold price rose on 7 August 2024, gaining $1.40 (0.06%) against the previous session's close of $2,389.10.
At $2,390.50 per troy ounce, one gram of pure gold was worth about $76.86 on 7 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 August 2024 18k gold was worth about $57.64 per gram and 14k about $44.83 per gram, against $76.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 7 August 2024, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 7 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,390.50 is a loss of 1.5% over the week.
A month before 7 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,390.50 is a loss of 1.5% over the month.
A year before 7 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,390.50 therefore represents a rise of 23.3% over twelve months.