Distance from the record
This close sat 6.76% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 11 August 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 6 July 2023
Gold closed at $1,912.90 per troy ounce on 11 August 2023, down $1.500 (0.08%) from the previous close of $1,914.40.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 6.76% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,789.70, making this a +6.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,912.90 per troy ounce on 11 August 2023. That is $1.50 lower than the previous close of $1,914.40, a move of -0.08%.
The gold price fell on 11 August 2023, losing $1.50 (0.08%) against the previous session's close of $1,914.40.
At $1,912.90 per troy ounce, one gram of pure gold was worth about $61.50 on 11 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 August 2023 18k gold was worth about $46.13 per gram and 14k about $35.88 per gram, against $61.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.4 on 11 August 2023, meaning one ounce of gold was worth roughly 84.4 ounces of silver.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 6.76% below the highest close on record up to that date, which was set on 2020-08-06.