Distance from the record
This close sat 4.52% 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 19 August 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,958.70 per troy ounce on 19 August 2020, down $40.70 (2.04%) from the previous close of $1,999.40.
Gold lost 2.04% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 4.52% 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 $1,500.40, making this a +30.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,958.70 per troy ounce on 19 August 2020. That is $40.70 lower than the previous close of $1,999.40, a move of -2.04%.
The gold price fell on 19 August 2020, losing $40.70 (2.04%) against the previous session's close of $1,999.40.
At $1,958.70 per troy ounce, one gram of pure gold was worth about $62.97 on 19 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 August 2020 18k gold was worth about $47.23 per gram and 14k about $36.73 per gram, against $62.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.7 on 19 August 2020, meaning one ounce of gold was worth roughly 71.7 ounces of silver.
A month before 19 August 2020, gold was around $1,808.30 per troy ounce, so the close of $1,958.70 is a gain of 8.3% over the month.
A year before 19 August 2020, gold was around $1,500.40 per troy ounce. The close of $1,958.70 therefore represents a rise of 30.5% over twelve months.
It closed 4.52% below the highest close on record up to that date, which was set on 2020-08-06.