Distance from the record
This close sat 19.09% below the highest gold close recorded up to that date, set on 2026-01-29.
This page is a historical record of the gold price in 16 September 2026, not the current price.See today's gold price (17 September 2026)
Lowest closing price since 6 August 2026
Gold closed at $4,303.00 per troy ounce on 16 September 2026, down $29.60 (0.68%) from the previous close of $4,332.60.
Notable session: lowest close of the month.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 19.09% below the highest gold close recorded up to that date, set on 2026-01-29.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,688.90, making this a +16.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,303.00 per troy ounce on 16 September 2026. That is $29.60 lower than the previous close of $4,332.60, a move of -0.68%.
The gold price fell on 16 September 2026, losing $29.60 (0.68%) against the previous session's close of $4,332.60.
At $4,303.00 per troy ounce, one gram of pure gold was worth about $138.34 on 16 September 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 September 2026 18k gold was worth about $103.76 per gram and 14k about $80.70 per gram, against $138.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.8 on 16 September 2026, meaning one ounce of gold was worth roughly 67.8 ounces of silver.
A week before 16 September 2026, gold was around $4,442.10 per troy ounce, so the close of $4,303.00 is a loss of 3.1% over the week.
A year before 16 September 2026, gold was around $3,688.90 per troy ounce. The close of $4,303.00 therefore represents a rise of 16.6% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 19.09% below the highest close on record up to that date, which was set on 2026-01-29.