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Gold closed at $2,698.40 per troy ounce on 7 November 2024, up $30.80 (1.15%) from the previous close of $2,667.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +32.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,698.40 per troy ounce on 7 November 2024. That is $30.80 higher than the previous close of $2,667.60, a move of 1.15%.
The gold price rose on 7 November 2024, gaining $30.80 (1.15%) against the previous session's close of $2,667.60.
At $2,698.40 per troy ounce, one gram of pure gold was worth about $86.76 on 7 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2024 18k gold was worth about $65.07 per gram and 14k about $50.61 per gram, against $86.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.9 on 7 November 2024, meaning one ounce of gold was worth roughly 84.9 ounces of silver.
A week before 7 November 2024, gold was around $2,738.30 per troy ounce, so the close of $2,698.40 is a loss of 1.5% over the week.
A month before 7 November 2024, gold was around $2,644.80 per troy ounce, so the close of $2,698.40 is a gain of 2.0% over the month.
A year before 7 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,698.40 therefore represents a rise of 32.4% over twelve months.