Distance from the record
This close sat 7.95% 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 13 October 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,888.50 per troy ounce on 13 October 2020, down $34.00 (1.77%) from the previous close of $1,922.50.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 7.95% 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 $1,482.70, making this a +27.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,888.50 per troy ounce on 13 October 2020. That is $34.00 lower than the previous close of $1,922.50, a move of -1.77%.
The gold price fell on 13 October 2020, losing $34.00 (1.77%) against the previous session's close of $1,922.50.
At $1,888.50 per troy ounce, one gram of pure gold was worth about $60.72 on 13 October 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 October 2020 18k gold was worth about $45.54 per gram and 14k about $35.42 per gram, against $60.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.4 on 13 October 2020, meaning one ounce of gold was worth roughly 78.4 ounces of silver.
A year before 13 October 2020, gold was around $1,482.70 per troy ounce. The close of $1,888.50 therefore represents a rise of 27.4% over twelve months.
It closed 7.95% below the highest close on record up to that date, which was set on 2020-08-06.