Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 7 July 2020, not the current price.See today's gold price (11 September 2026)
Highest closing price since 21 September 2011
Gold closed at $1,804.20 per troy ounce on 7 July 2020, up $15.70 (0.88%) from the previous close of $1,788.50.
Gold had not closed this high for about 9 years. Reclaiming a level after that long usually says more about the trend than the size of the day's move does.
At the time, no session earlier in the year had closed higher.
This close sat 4.47% 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 $1,396.70, making this a +29.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,804.20 per troy ounce on 7 July 2020. That is $15.70 higher than the previous close of $1,788.50, a move of 0.88%.
The gold price rose on 7 July 2020, gaining $15.70 (0.88%) against the previous session's close of $1,788.50.
At $1,804.20 per troy ounce, one gram of pure gold was worth about $58.01 on 7 July 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 July 2020 18k gold was worth about $43.50 per gram and 14k about $33.84 per gram, against $58.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 96.9 on 7 July 2020, meaning one ounce of gold was worth roughly 96.9 ounces of silver.
A month before 7 July 2020, gold was around $1,676.20 per troy ounce, so the close of $1,804.20 is a gain of 7.6% over the month.
A year before 7 July 2020, gold was around $1,396.70 per troy ounce. The close of $1,804.20 therefore represents a rise of 29.2% over twelve months.
It closed 4.47% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 9 years earlier — 2203 trading sessions before this one.