Gold closed at $3,400.30 per troy ounce on 7 August 2025, up $20.30 (0.60%) from the previous close of $3,380.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,390.50, making this a +42.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,400.30 per troy ounce on 7 August 2025. That is $20.30 higher than the previous close of $3,380.00, a move of 0.60%.
The gold price rose on 7 August 2025, gaining $20.30 (0.60%) against the previous session's close of $3,380.00.
At $3,400.30 per troy ounce, one gram of pure gold was worth about $109.32 on 7 August 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 August 2025 18k gold was worth about $81.99 per gram and 14k about $63.77 per gram, against $109.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 7 August 2025, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 7 August 2025, gold was around $3,293.20 per troy ounce, so the close of $3,400.30 is a gain of 3.3% over the week.
A month before 7 August 2025, gold was around $3,332.20 per troy ounce, so the close of $3,400.30 is a gain of 2.0% over the month.
A year before 7 August 2025, gold was around $2,390.50 per troy ounce. The close of $3,400.30 therefore represents a rise of 42.2% over twelve months.