Distance from the record
This close sat 2.91% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 18 October 2000, not the current price.See today's gold price (11 September 2026)
Gold closed at $270.30 per troy ounce on 18 October 2000, down $0.800 (0.30%) from the previous close of $271.10.
This close extended a run of 4 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 2.91% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $270.30 per troy ounce on 18 October 2000. That is $0.80 lower than the previous close of $271.10, a move of -0.30%.
The gold price fell on 18 October 2000, losing $0.80 (0.30%) against the previous session's close of $271.10.
At $270.30 per troy ounce, one gram of pure gold was worth about $8.69 on 18 October 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 October 2000 18k gold was worth about $6.52 per gram and 14k about $5.07 per gram, against $8.69 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.7 on 18 October 2000, meaning one ounce of gold was worth roughly 55.7 ounces of silver.
This close was session 4 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 2.91% below the highest close on record up to that date, which was set on 2000-09-27.