Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 8 August 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,786.80 per troy ounce on 8 August 2022, up $13.90 (0.78%) from the previous close of $1,772.90.
This was the strongest close of the week up to that point.
This close sat 12.90% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,760.00, making this a +1.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,786.80 per troy ounce on 8 August 2022. That is $13.90 higher than the previous close of $1,772.90, a move of 0.78%.
The gold price rose on 8 August 2022, gaining $13.90 (0.78%) against the previous session's close of $1,772.90.
At $1,786.80 per troy ounce, one gram of pure gold was worth about $57.45 on 8 August 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 August 2022 18k gold was worth about $43.09 per gram and 14k about $33.51 per gram, against $57.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.8 on 8 August 2022, meaning one ounce of gold was worth roughly 86.8 ounces of silver.
A week before 8 August 2022, gold was around $1,712.80 per troy ounce, so the close of $1,786.80 is a gain of 4.3% over the week.
It closed 12.90% below the highest close on record up to that date, which was set on 2020-08-06.