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Lowest closing price since 19 September 2024
Gold closed at $2,615.00 per troy ounce on 8 October 2024, down $29.80 (1.13%) from the previous close of $2,644.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +41.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,615.00 per troy ounce on 8 October 2024. That is $29.80 lower than the previous close of $2,644.80, a move of -1.13%.
The gold price fell on 8 October 2024, losing $29.80 (1.13%) against the previous session's close of $2,644.80.
At $2,615.00 per troy ounce, one gram of pure gold was worth about $84.07 on 8 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 October 2024 18k gold was worth about $63.06 per gram and 14k about $49.04 per gram, against $84.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.1 on 8 October 2024, meaning one ounce of gold was worth roughly 86.1 ounces of silver.
A week before 8 October 2024, gold was around $2,738.30 per troy ounce, so the close of $2,615.00 is a loss of 4.5% over the week.
A month before 8 October 2024, gold was around $2,493.50 per troy ounce, so the close of $2,615.00 is a gain of 4.9% over the month.
A year before 8 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,615.00 therefore represents a rise of 41.5% over twelve months.