Distance from the record
This close sat 29.22% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 8 September 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,336.80 per troy ounce on 8 September 2016, down $7.500 (0.56%) from the previous close of $1,344.30.
This close sat 29.22% 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 $1,120.40, making this a +19.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,336.80 per troy ounce on 8 September 2016. That is $7.50 lower than the previous close of $1,344.30, a move of -0.56%.
The gold price fell on 8 September 2016, losing $7.50 (0.56%) against the previous session's close of $1,344.30.
At $1,336.80 per troy ounce, one gram of pure gold was worth about $42.98 on 8 September 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 September 2016 18k gold was worth about $32.23 per gram and 14k about $25.07 per gram, against $42.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.2 on 8 September 2016, meaning one ounce of gold was worth roughly 68.2 ounces of silver.
A year before 8 September 2016, gold was around $1,120.40 per troy ounce. The close of $1,336.80 therefore represents a rise of 19.3% over twelve months.
It closed 29.22% below the highest close on record up to that date, which was set on 2011-08-22.