Distance from the record
This close sat 6.83% 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 12 September 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 September 2023
Gold closed at $1,911.30 per troy ounce on 12 September 2023, down $12.00 (0.62%) from the previous close of $1,923.30.
This close sat 6.83% 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 $1,728.10, making this a +10.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,911.30 per troy ounce on 12 September 2023. That is $12.00 lower than the previous close of $1,923.30, a move of -0.62%.
The gold price fell on 12 September 2023, losing $12.00 (0.62%) against the previous session's close of $1,923.30.
At $1,911.30 per troy ounce, one gram of pure gold was worth about $61.45 on 12 September 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 September 2023 18k gold was worth about $46.09 per gram and 14k about $35.85 per gram, against $61.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 82.6 on 12 September 2023, meaning one ounce of gold was worth roughly 82.6 ounces of silver.
It closed 6.83% below the highest close on record up to that date, which was set on 2020-08-06.