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Gold closed at $2,687.50 per troy ounce on 8 November 2024, down $10.90 (0.40%) from the previous close of $2,698.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,038.10, making this a +31.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,687.50 per troy ounce on 8 November 2024. That is $10.90 lower than the previous close of $2,698.40, a move of -0.40%.
The gold price fell on 8 November 2024, losing $10.90 (0.40%) against the previous session's close of $2,698.40.
At $2,687.50 per troy ounce, one gram of pure gold was worth about $86.41 on 8 November 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 November 2024 18k gold was worth about $64.80 per gram and 14k about $50.40 per gram, against $86.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.7 on 8 November 2024, meaning one ounce of gold was worth roughly 85.7 ounces of silver.
A week before 8 November 2024, gold was around $2,657.00 per troy ounce, so the close of $2,687.50 is a gain of 1.1% over the week.
A month before 8 November 2024, gold was around $2,615.00 per troy ounce, so the close of $2,687.50 is a gain of 2.8% over the month.
A year before 8 November 2024, gold was around $2,038.10 per troy ounce. The close of $2,687.50 therefore represents a rise of 31.9% over twelve months.