Distance from the record
This close sat 9.31% 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 9 December 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,712.80 per troy ounce on 9 December 2011, up $3.000 (0.18%) from the previous close of $1,709.80.
This close sat 9.31% 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 $1,392.10, making this a +23.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,712.80 per troy ounce on 9 December 2011. That is $3.00 higher than the previous close of $1,709.80, a move of 0.18%.
The gold price rose on 9 December 2011, gaining $3.00 (0.18%) against the previous session's close of $1,709.80.
At $1,712.80 per troy ounce, one gram of pure gold was worth about $55.07 on 9 December 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 December 2011 18k gold was worth about $41.30 per gram and 14k about $32.12 per gram, against $55.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 53.2 on 9 December 2011, meaning one ounce of gold was worth roughly 53.2 ounces of silver.
A year before 9 December 2011, gold was around $1,392.10 per troy ounce. The close of $1,712.80 therefore represents a rise of 23.0% over twelve months.
It closed 9.31% below the highest close on record up to that date, which was set on 2011-08-22.