Distance from the record
This close sat 5.74% below the highest gold close recorded up to that date, set on 2020-08-06.
This page is a historical record of the gold price in 20 August 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,933.80 per troy ounce on 20 August 2020, down $24.90 (1.27%) from the previous close of $1,958.70.
This close sat 5.74% 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 $1,504.60, making this a +28.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,933.80 per troy ounce on 20 August 2020. That is $24.90 lower than the previous close of $1,958.70, a move of -1.27%.
The gold price fell on 20 August 2020, losing $24.90 (1.27%) against the previous session's close of $1,958.70.
At $1,933.80 per troy ounce, one gram of pure gold was worth about $62.17 on 20 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2020 18k gold was worth about $46.63 per gram and 14k about $36.27 per gram, against $62.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.3 on 20 August 2020, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A month before 20 August 2020, gold was around $1,815.90 per troy ounce, so the close of $1,933.80 is a gain of 6.5% over the month.
A year before 20 August 2020, gold was around $1,504.60 per troy ounce. The close of $1,933.80 therefore represents a rise of 28.5% over twelve months.
It closed 5.74% below the highest close on record up to that date, which was set on 2020-08-06.