Distance from the record
This close sat 36.18% below the highest gold close recorded up to that date, set on 2011-08-22.
Loading…
This page is a historical record of the gold price in 8 October 2014, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,205.30 per troy ounce on 8 October 2014, down $6.400 (0.53%) from the previous close of $1,211.70.
This close sat 36.18% 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 $1,324.20, making this a -8.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,205.30 per troy ounce on 8 October 2014. That is $6.40 lower than the previous close of $1,211.70, a move of -0.53%.
The gold price fell on 8 October 2014, losing $6.40 (0.53%) against the previous session's close of $1,211.70.
At $1,205.30 per troy ounce, one gram of pure gold was worth about $38.75 on 8 October 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 October 2014 18k gold was worth about $29.06 per gram and 14k about $22.60 per gram, against $38.75 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.8 on 8 October 2014, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 8 October 2014, gold was around $1,171.10 per troy ounce, so the close of $1,205.30 is a gain of 2.9% over the week.
It closed 36.18% below the highest close on record up to that date, which was set on 2011-08-22.