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Gold closed at $2,644.80 per troy ounce on 7 October 2024, down $1.000 (0.04%) from the previous close of $2,645.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +43.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,644.80 per troy ounce on 7 October 2024. That is $1.00 lower than the previous close of $2,645.80, a move of -0.04%.
The gold price fell on 7 October 2024, losing $1.00 (0.04%) against the previous session's close of $2,645.80.
At $2,644.80 per troy ounce, one gram of pure gold was worth about $85.03 on 7 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 October 2024 18k gold was worth about $63.77 per gram and 14k about $49.60 per gram, against $85.03 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.3 on 7 October 2024, meaning one ounce of gold was worth roughly 83.3 ounces of silver.
A week before 7 October 2024, gold was around $2,636.10 per troy ounce, so the close of $2,644.80 is a gain of 0.3% over the week.
A month before 7 October 2024, gold was around $2,493.50 per troy ounce, so the close of $2,644.80 is a gain of 6.1% over the month.
A year before 7 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,644.80 therefore represents a rise of 43.1% over twelve months.