Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 11 October 2023, not the current price.See today's gold price (11 September 2026)
Highest closing price since 26 September 2023
Gold closed at $1,872.80 per troy ounce on 11 October 2023, up $11.80 (0.63%) from the previous close of $1,861.00.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 8.71% 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 $1,678.70, making this a +11.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,872.80 per troy ounce on 11 October 2023. That is $11.80 higher than the previous close of $1,861.00, a move of 0.63%.
The gold price rose on 11 October 2023, gaining $11.80 (0.63%) against the previous session's close of $1,861.00.
At $1,872.80 per troy ounce, one gram of pure gold was worth about $60.21 on 11 October 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 October 2023 18k gold was worth about $45.16 per gram and 14k about $35.12 per gram, against $60.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.3 on 11 October 2023, meaning one ounce of gold was worth roughly 85.3 ounces of silver.
A week before 11 October 2023, gold was around $1,818.50 per troy ounce, so the close of $1,872.80 is a gain of 3.0% over the week.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 8.71% below the highest close on record up to that date, which was set on 2020-08-06.