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Lowest closing price since 19 September 2024
Gold closed at $2,606.00 per troy ounce on 9 October 2024, down $9.000 (0.34%) from the previous close of $2,615.00.
Notable session: lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +41.01% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,606.00 per troy ounce on 9 October 2024. That is $9.00 lower than the previous close of $2,615.00, a move of -0.34%.
The gold price fell on 9 October 2024, losing $9.00 (0.34%) against the previous session's close of $2,615.00.
At $2,606.00 per troy ounce, one gram of pure gold was worth about $83.78 on 9 October 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 October 2024 18k gold was worth about $62.84 per gram and 14k about $48.87 per gram, against $83.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.7 on 9 October 2024, meaning one ounce of gold was worth roughly 85.7 ounces of silver.
A week before 9 October 2024, gold was around $2,647.10 per troy ounce, so the close of $2,606.00 is a loss of 1.6% over the week.
A month before 9 October 2024, gold was around $2,501.80 per troy ounce, so the close of $2,606.00 is a gain of 4.2% over the month.
A year before 9 October 2024, gold was around $1,848.10 per troy ounce. The close of $2,606.00 therefore represents a rise of 41.0% over twelve months.