Distance from the record
This close sat 1.82% 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 September 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,854.40 per troy ounce on 8 September 2011, up $40.20 (2.22%) from the previous close of $1,814.20.
This was a 2.22% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 1.82% 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 6 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,255.60, making this a +47.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,854.40 per troy ounce on 8 September 2011. That is $40.20 higher than the previous close of $1,814.20, a move of 2.22%.
The gold price rose on 8 September 2011, gaining $40.20 (2.22%) against the previous session's close of $1,814.20.
At $1,854.40 per troy ounce, one gram of pure gold was worth about $59.62 on 8 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 September 2011 18k gold was worth about $44.72 per gram and 14k about $34.78 per gram, against $59.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.7 on 8 September 2011, meaning one ounce of gold was worth roughly 43.7 ounces of silver.
A month before 8 September 2011, gold was around $1,710.20 per troy ounce, so the close of $1,854.40 is a gain of 8.4% over the month.
A year before 8 September 2011, gold was around $1,255.60 per troy ounce. The close of $1,854.40 therefore represents a rise of 47.7% over twelve months.
It closed 1.82% below the highest close on record up to that date, which was set on 2011-08-22.