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Gold closed at $2,656.70 per troy ounce on 7 January 2025, up $18.30 (0.69%) from the previous close of $2,638.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,048.40, making this a +29.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,656.70 per troy ounce on 7 January 2025. That is $18.30 higher than the previous close of $2,638.40, a move of 0.69%.
The gold price rose on 7 January 2025, gaining $18.30 (0.69%) against the previous session's close of $2,638.40.
At $2,656.70 per troy ounce, one gram of pure gold was worth about $85.41 on 7 January 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 January 2025 18k gold was worth about $64.06 per gram and 14k about $49.83 per gram, against $85.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.3 on 7 January 2025, meaning one ounce of gold was worth roughly 87.3 ounces of silver.
A week before 7 January 2025, gold was around $2,629.20 per troy ounce, so the close of $2,656.70 is a gain of 1.0% over the week.
A month before 7 January 2025, gold was around $2,638.60 per troy ounce, so the close of $2,656.70 is a gain of 0.7% over the month.
A year before 7 January 2025, gold was around $2,048.40 per troy ounce. The close of $2,656.70 therefore represents a rise of 29.7% over twelve months.