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Gold closed at $2,422.20 per troy ounce on 8 August 2024, up $31.70 (1.33%) from the previous close of $2,390.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +24.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,422.20 per troy ounce on 8 August 2024. That is $31.70 higher than the previous close of $2,390.50, a move of 1.33%.
The gold price rose on 8 August 2024, gaining $31.70 (1.33%) against the previous session's close of $2,390.50.
At $2,422.20 per troy ounce, one gram of pure gold was worth about $77.88 on 8 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 August 2024 18k gold was worth about $58.41 per gram and 14k about $45.43 per gram, against $77.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.1 on 8 August 2024, meaning one ounce of gold was worth roughly 88.1 ounces of silver.
A week before 8 August 2024, gold was around $2,493.80 per troy ounce, so the close of $2,422.20 is a loss of 2.9% over the week.
A month before 8 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,422.20 is a loss of 0.2% over the month.
A year before 8 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,422.20 therefore represents a rise of 25.0% over twelve months.