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Gold ranged between $1,306.90 and $1,306.90 per troy ounce during August 2016, averaging $1,306.90 across 1 trading day. It finished the period at $1,306.90, down 3.12% from $1,349.00.
Metal value only, before dealer margins and fabrication.
The strongest session of August 2016 was 1 August 2016 at -3.12%, and the weakest 1 August 2016 at -3.12%.
Twelve months earlier gold traded around $1,131.60, making this a +15.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished August 2016 at $1,306.90 per troy ounce, having fallen $42.10 (3.12%) over the month. It has traded between $1,306.90 and $1,306.90 across 1 trading day.
The average gold closing price in August 2016 was $1,306.90 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of August 2016 at $1,306.90 per troy ounce on 1 August 2016.
The lowest gold close in August 2016 was $1,306.90 per troy ounce on 1 August 2016.
Gold fell during August 2016. It entered the month at $1,349.00 and closed at $1,306.90, a change of -3.12%.
Gold closed higher on 0 sessions and lower on 1 during August 2016. The strongest session was 1 August 2016 (-3.12%) and the weakest 1 August 2016 (-3.12%).
Daily closes in August 2016 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,306.90 to $1,306.90).
At the August 2016 close of $1,306.90 per troy ounce, gold worked out at about $42.02 per gram and $42,017.81 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 70.2 through August 2016 and finished the month near 70.2. A higher ratio means silver is cheap relative to gold.
Gold was around $1,131.60 per troy ounce twelve months before the end of August 2016. Closing at $1,306.90 makes that a gain of 15.5% year on year.