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Gold closed at $3,976.60 per troy ounce on 7 October 2025, up $28.10 (0.71%) from the previous close of $3,948.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,644.80, making this a +50.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,976.60 per troy ounce on 7 October 2025. That is $28.10 higher than the previous close of $3,948.50, a move of 0.71%.
The gold price rose on 7 October 2025, gaining $28.10 (0.71%) against the previous session's close of $3,948.50.
At $3,976.60 per troy ounce, one gram of pure gold was worth about $127.85 on 7 October 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 October 2025 18k gold was worth about $95.89 per gram and 14k about $74.58 per gram, against $127.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.3 on 7 October 2025, meaning one ounce of gold was worth roughly 84.3 ounces of silver.
A week before 7 October 2025, gold was around $3,840.80 per troy ounce, so the close of $3,976.60 is a gain of 3.5% over the week.
A month before 7 October 2025, gold was around $3,613.20 per troy ounce, so the close of $3,976.60 is a gain of 10.1% over the month.
A year before 7 October 2025, gold was around $2,644.80 per troy ounce. The close of $3,976.60 therefore represents a rise of 50.4% over twelve months.