Distance from the record
This close sat 8.16% 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 17 August 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 March 2023
Gold closed at $1,884.10 per troy ounce on 17 August 2023, down $12.00 (0.63%) from the previous close of $1,896.10.
Notable session: lowest close of the month.
This close extended a run of 9 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 8.16% 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 $1,760.30, making this a +7.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,884.10 per troy ounce on 17 August 2023. That is $12.00 lower than the previous close of $1,896.10, a move of -0.63%.
The gold price fell on 17 August 2023, losing $12.00 (0.63%) against the previous session's close of $1,896.10.
At $1,884.10 per troy ounce, one gram of pure gold was worth about $60.58 on 17 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 August 2023 18k gold was worth about $45.43 per gram and 14k about $35.34 per gram, against $60.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.1 on 17 August 2023, meaning one ounce of gold was worth roughly 83.1 ounces of silver.
This close was session 9 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 8.16% below the highest close on record up to that date, which was set on 2020-08-06.