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Gold ranged between $2,592.20 and $2,733.80 per troy ounce during December 2024, averaging $2,643.58 across 21 trading days. It finished the period at $2,629.20, down 1.05% from $2,657.00.
Metal value only, before dealer margins and fabrication.
The strongest session of December 2024 was 20 December 2024 at +1.41%, and the weakest 12 December 2024 at -1.69%.
Twelve months earlier gold traded around $2,062.40, making this a +27.48% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 December 2024 | $2,634.90 | −$22.10 |
| 3 December 2024 | $2,644.70 | +$9.800 |
| 4 December 2024 | $2,653.80 | +$9.100 |
| 5 December 2024 | $2,626.60 | −$27.20 |
| 6 December 2024 | $2,638.60 | +$12.00 |
| 9 December 2024 | $2,664.90 | +$26.30 |
| 10 December 2024 | $2,697.60 | +$32.70 |
| 11 December 2024 | $2,733.80 | +$36.20 |
| 12 December 2024 | $2,687.50 | −$46.30 |
| 13 December 2024 | $2,656.00 | −$31.50 |
| 16 December 2024 | $2,651.40 | −$4.600 |
| 17 December 2024 | $2,644.40 | −$7.000 |
| 18 December 2024 | $2,636.50 | −$7.900 |
| 19 December 2024 | $2,592.20 | −$44.30 |
| 20 December 2024 | $2,628.70 | +$36.50 |
| 23 December 2024 | $2,612.30 | −$16.40 |
| 24 December 2024 | $2,620.00 | +$7.700 |
| 26 December 2024 | $2,638.80 | +$18.80 |
| 27 December 2024 | $2,617.20 | −$21.60 |
| 30 December 2024 | $2,606.10 | −$11.10 |
| 31 December 2024 | $2,629.20 | +$23.10 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished December 2024 at $2,629.20 per troy ounce, having fallen $27.80 (1.05%) over the month. It has traded between $2,592.20 and $2,733.80 across 21 trading days.
The average gold closing price in December 2024 was $2,643.58 per troy ounce, calculated across all 21 trading days in the month.
Gold reached its highest close of December 2024 at $2,733.80 per troy ounce on 11 December 2024.
The lowest gold close in December 2024 was $2,592.20 per troy ounce on 19 December 2024.
Gold fell during December 2024. It entered the month at $2,657.00 and closed at $2,629.20, a change of -1.05%.
Gold closed higher on 10 sessions and lower on 11 during December 2024. The strongest session was 20 December 2024 (+1.41%) and the weakest 12 December 2024 (-1.69%).
Daily closes in December 2024 varied with a standard deviation of 0.96% per session, and the peak-to-trough spread across the month was 5.5% ($2,592.20 to $2,733.80).
At the December 2024 close of $2,629.20 per troy ounce, gold worked out at about $84.53 per gram and $84,530.74 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 86.5 through December 2024 and finished the month near 90.9. A higher ratio means silver is cheap relative to gold.
Gold was around $2,062.40 per troy ounce twelve months before the end of December 2024. Closing at $2,629.20 makes that a gain of 27.5% year on year.