Gold ranged between $1,150.00 and $1,150.00 per troy ounce during December 2016, averaging $1,150.00 across 1 trading day. It finished the period at $1,150.00, down 1.78% from $1,170.80.
Metal value only, before dealer margins and fabrication.
The strongest session of December 2016 was 1 December 2016 at -1.78%, and the weakest 1 December 2016 at -1.78%.
Twelve months earlier gold traded around $1,060.30, making this a +8.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished December 2016 at $1,150.00 per troy ounce, having fallen $20.80 (1.78%) over the month. It has traded between $1,150.00 and $1,150.00 across 1 trading day.
The average gold closing price in December 2016 was $1,150.00 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of December 2016 at $1,150.00 per troy ounce on 1 December 2016.
The lowest gold close in December 2016 was $1,150.00 per troy ounce on 1 December 2016.
Gold fell during December 2016. It entered the month at $1,170.80 and closed at $1,150.00, a change of -1.78%.
Gold closed higher on 0 sessions and lower on 1 during December 2016. The strongest session was 1 December 2016 (-1.78%) and the weakest 1 December 2016 (-1.78%).
Daily closes in December 2016 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,150.00 to $1,150.00).
At the December 2016 close of $1,150.00 per troy ounce, gold worked out at about $36.97 per gram and $36,973.36 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 72.2 through December 2016 and finished the month near 72.2. A higher ratio means silver is cheap relative to gold.
Gold was around $1,060.30 per troy ounce twelve months before the end of December 2016. Closing at $1,150.00 makes that a gain of 8.5% year on year.