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Gold ranged between $1,712.80 and $1,712.80 per troy ounce during August 2022, averaging $1,712.80 across 1 trading day. It finished the period at $1,712.80, down 2.84% from $1,762.90.
Metal value only, before dealer margins and fabrication.
The strongest session of August 2022 was 1 August 2022 at -2.84%, and the weakest 1 August 2022 at -2.84%.
Twelve months earlier gold traded around $1,812.60, making this a -5.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished August 2022 at $1,712.80 per troy ounce, having fallen $50.10 (2.84%) over the month. It has traded between $1,712.80 and $1,712.80 across 1 trading day.
The average gold closing price in August 2022 was $1,712.80 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of August 2022 at $1,712.80 per troy ounce on 1 August 2022.
The lowest gold close in August 2022 was $1,712.80 per troy ounce on 1 August 2022.
Gold fell during August 2022. It entered the month at $1,762.90 and closed at $1,712.80, a change of -2.84%.
Gold closed higher on 0 sessions and lower on 1 during August 2022. The strongest session was 1 August 2022 (-2.84%) and the weakest 1 August 2022 (-2.84%).
Daily closes in August 2022 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,712.80 to $1,712.80).
At the August 2022 close of $1,712.80 per troy ounce, gold worked out at about $55.07 per gram and $55,067.80 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 96.4 through August 2022 and finished the month near 96.4. A higher ratio means silver is cheap relative to gold.
Gold was around $1,812.60 per troy ounce twelve months before the end of August 2022. Closing at $1,712.80 makes that a decline of 5.5% year on year.