Distance from the record
This close sat 8.44% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 8 February 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,729.30 per troy ounce on 8 February 2012, down $17.10 (0.98%) from the previous close of $1,746.40.
This close sat 8.44% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,363.40, making this a +26.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,729.30 per troy ounce on 8 February 2012. That is $17.10 lower than the previous close of $1,746.40, a move of -0.98%.
The gold price fell on 8 February 2012, losing $17.10 (0.98%) against the previous session's close of $1,746.40.
At $1,729.30 per troy ounce, one gram of pure gold was worth about $55.60 on 8 February 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 February 2012 18k gold was worth about $41.70 per gram and 14k about $32.43 per gram, against $55.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 51.4 on 8 February 2012, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A month before 8 February 2012, gold was around $1,616.10 per troy ounce, so the close of $1,729.30 is a gain of 7.0% over the month.
A year before 8 February 2012, gold was around $1,363.40 per troy ounce. The close of $1,729.30 therefore represents a rise of 26.8% over twelve months.
It closed 8.44% below the highest close on record up to that date, which was set on 2011-08-22.