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 October 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,773.50 per troy ounce on 8 October 2012, down $5.100 (0.29%) from the previous close of $1,778.60.
This was the strongest close of the week up to that point.
This close sat 6.10% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 10 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,634.50, making this a +8.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,773.50 per troy ounce on 8 October 2012. That is $5.10 lower than the previous close of $1,778.60, a move of -0.29%.
The gold price fell on 8 October 2012, losing $5.10 (0.29%) against the previous session's close of $1,778.60.
At $1,773.50 per troy ounce, one gram of pure gold was worth about $57.02 on 8 October 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 October 2012 18k gold was worth about $42.76 per gram and 14k about $33.26 per gram, against $57.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 52.2 on 8 October 2012, meaning one ounce of gold was worth roughly 52.2 ounces of silver.
A week before 8 October 2012, gold was around $1,717.50 per troy ounce, so the close of $1,773.50 is a gain of 3.3% over the week.
It closed 6.10% below the highest close on record up to that date, which was set on 2011-08-22.