Distance from the record
This close sat 15.15% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 8 July 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,740.60 per troy ounce on 8 July 2022, up $2.700 (0.16%) from the previous close of $1,737.90.
This close sat 15.15% 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 $1,799.60, making this a -3.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,740.60 per troy ounce on 8 July 2022. That is $2.70 higher than the previous close of $1,737.90, a move of 0.16%.
The gold price rose on 8 July 2022, gaining $2.70 (0.16%) against the previous session's close of $1,737.90.
At $1,740.60 per troy ounce, one gram of pure gold was worth about $55.96 on 8 July 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 July 2022 18k gold was worth about $41.97 per gram and 14k about $32.64 per gram, against $55.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.8 on 8 July 2022, meaning one ounce of gold was worth roughly 90.8 ounces of silver.
A month before 8 July 2022, gold was around $1,851.90 per troy ounce, so the close of $1,740.60 is a loss of 6.0% over the month.
It closed 15.15% below the highest close on record up to that date, which was set on 2020-08-06.