Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 9 August 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,339.00 per troy ounce on 9 August 2016, up $5.600 (0.42%) from the previous close of $1,333.40.
This was the strongest close of the week up to that point.
This close sat 29.10% 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 $1,094.10, making this a +22.38% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,339.00 per troy ounce on 9 August 2016. That is $5.60 higher than the previous close of $1,333.40, a move of 0.42%.
The gold price rose on 9 August 2016, gaining $5.60 (0.42%) against the previous session's close of $1,333.40.
At $1,339.00 per troy ounce, one gram of pure gold was worth about $43.05 on 9 August 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 August 2016 18k gold was worth about $32.29 per gram and 14k about $25.11 per gram, against $43.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.6 on 9 August 2016, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A year before 9 August 2016, gold was around $1,094.10 per troy ounce. The close of $1,339.00 therefore represents a rise of 22.4% over twelve months.
It closed 29.10% below the highest close on record up to that date, which was set on 2011-08-22.