Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 7 December 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,785.50 per troy ounce on 7 December 2022, up $16.20 (0.92%) from the previous close of $1,769.30.
This was the strongest close of the week up to that point.
This close sat 12.97% 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 $1,782.60, making this a +0.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,785.50 per troy ounce on 7 December 2022. That is $16.20 higher than the previous close of $1,769.30, a move of 0.92%.
The gold price rose on 7 December 2022, gaining $16.20 (0.92%) against the previous session's close of $1,769.30.
At $1,785.50 per troy ounce, one gram of pure gold was worth about $57.41 on 7 December 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 December 2022 18k gold was worth about $43.05 per gram and 14k about $33.49 per gram, against $57.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.6 on 7 December 2022, meaning one ounce of gold was worth roughly 78.6 ounces of silver.
A week before 7 December 2022, gold was around $1,746.00 per troy ounce, so the close of $1,785.50 is a gain of 2.3% over the week.
A month before 7 December 2022, gold was around $1,676.50 per troy ounce, so the close of $1,785.50 is a gain of 6.5% over the month.
It closed 12.97% below the highest close on record up to that date, which was set on 2020-08-06.