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 18 August 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,999.40 per troy ounce on 18 August 2020, up $14.40 (0.73%) from the previous close of $1,985.00.
This was the strongest close of the week up to that point.
This close sat 2.54% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten highest gold closes of that year, ranking 6 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,512.50, making this a +32.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,999.40 per troy ounce on 18 August 2020. That is $14.40 higher than the previous close of $1,985.00, a move of 0.73%.
The gold price rose on 18 August 2020, gaining $14.40 (0.73%) against the previous session's close of $1,985.00.
At $1,999.40 per troy ounce, one gram of pure gold was worth about $64.28 on 18 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 August 2020 18k gold was worth about $48.21 per gram and 14k about $37.50 per gram, against $64.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.3 on 18 August 2020, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A week before 18 August 2020, gold was around $1,932.60 per troy ounce, so the close of $1,999.40 is a gain of 3.5% over the week.
A month before 18 August 2020, gold was around $1,808.30 per troy ounce, so the close of $1,999.40 is a gain of 10.6% over the month.
A year before 18 August 2020, gold was around $1,512.50 per troy ounce. The close of $1,999.40 therefore represents a rise of 32.2% over twelve months.
It closed 2.54% below the highest close on record up to that date, which was set on 2020-08-06.