Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 16 December 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,856.10 per troy ounce on 16 December 2020, up $3.800 (0.21%) from the previous close of $1,852.30.
This was the strongest close of the week up to that point.
This close sat 9.52% 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 $1,475.00, making this a +25.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,856.10 per troy ounce on 16 December 2020. That is $3.80 higher than the previous close of $1,852.30, a move of 0.21%.
The gold price rose on 16 December 2020, gaining $3.80 (0.21%) against the previous session's close of $1,852.30.
At $1,856.10 per troy ounce, one gram of pure gold was worth about $59.67 on 16 December 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 December 2020 18k gold was worth about $44.76 per gram and 14k about $34.81 per gram, against $59.67 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.3 on 16 December 2020, meaning one ounce of gold was worth roughly 74.3 ounces of silver.
A year before 16 December 2020, gold was around $1,475.00 per troy ounce. The close of $1,856.10 therefore represents a rise of 25.8% over twelve months.
It closed 9.52% below the highest close on record up to that date, which was set on 2020-08-06.