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 12 October 2000, not the current price.See today's gold price (11 September 2026)
Highest closing price since 27 September 2000
Gold closed at $276.40 per troy ounce on 12 October 2000, up $5.900 (2.18%) from the previous close of $270.50.
Notable session: highest close of the month.
This was a 2.18% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
One of the ten highest gold closes of that year, ranking 3 of 84 sessions.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $276.40 per troy ounce on 12 October 2000. That is $5.90 higher than the previous close of $270.50, a move of 2.18%.
The gold price rose on 12 October 2000, gaining $5.90 (2.18%) against the previous session's close of $270.50.
At $276.40 per troy ounce, one gram of pure gold was worth about $8.89 on 12 October 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 October 2000 18k gold was worth about $6.66 per gram and 14k about $5.18 per gram, against $8.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.1 on 12 October 2000, meaning one ounce of gold was worth roughly 56.1 ounces of silver.
A week before 12 October 2000, gold was around $270.60 per troy ounce, so the close of $276.40 is a gain of 2.1% over the week.
It closed 0.72% below the highest close on record up to that date, which was set on 2000-09-27.