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Gold ranged between $1,271.50 and $1,271.50 per troy ounce during October 2016, averaging $1,271.50 across 1 trading day. It finished the period at $1,271.50, down 3.18% from $1,313.30.
Metal value only, before dealer margins and fabrication.
The strongest session of October 2016 was 1 October 2016 at -3.18%, and the weakest 1 October 2016 at -3.18%.
Twelve months earlier gold traded around $1,141.50, making this a +11.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished October 2016 at $1,271.50 per troy ounce, having fallen $41.80 (3.18%) over the month. It has traded between $1,271.50 and $1,271.50 across 1 trading day.
The average gold closing price in October 2016 was $1,271.50 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of October 2016 at $1,271.50 per troy ounce on 1 October 2016.
The lowest gold close in October 2016 was $1,271.50 per troy ounce on 1 October 2016.
Gold fell during October 2016. It entered the month at $1,313.30 and closed at $1,271.50, a change of -3.18%.
Gold closed higher on 0 sessions and lower on 1 during October 2016. The strongest session was 1 October 2016 (-3.18%) and the weakest 1 October 2016 (-3.18%).
Daily closes in October 2016 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,271.50 to $1,271.50).
At the October 2016 close of $1,271.50 per troy ounce, gold worked out at about $40.88 per gram and $40,879.67 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 71.6 through October 2016 and finished the month near 71.6. A higher ratio means silver is cheap relative to gold.
Gold was around $1,141.50 per troy ounce twelve months before the end of October 2016. Closing at $1,271.50 makes that a gain of 11.4% year on year.