Distance from the record
This close sat 32.37% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 20 October 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 6 October 2017
Gold closed at $1,277.40 per troy ounce on 20 October 2017, down $9.500 (0.74%) from the previous close of $1,286.90.
This close sat 32.37% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,265.60, making this a +0.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,277.40 per troy ounce on 20 October 2017. That is $9.50 lower than the previous close of $1,286.90, a move of -0.74%.
The gold price fell on 20 October 2017, losing $9.50 (0.74%) against the previous session's close of $1,286.90.
At $1,277.40 per troy ounce, one gram of pure gold was worth about $41.07 on 20 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 October 2017 18k gold was worth about $30.80 per gram and 14k about $23.96 per gram, against $41.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.0 on 20 October 2017, meaning one ounce of gold was worth roughly 75.0 ounces of silver.
It closed 32.37% below the highest close on record up to that date, which was set on 2011-08-22.