Distance from the record
This close sat 20.51% 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 20 October 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,630.80 per troy ounce on 20 October 2022, up $3.300 (0.20%) from the previous close of $1,627.50.
This close sat 20.51% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten lowest gold closes of that year, ranking 246 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,784.10, making this a -8.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,630.80 per troy ounce on 20 October 2022. That is $3.30 higher than the previous close of $1,627.50, a move of 0.20%.
The gold price rose on 20 October 2022, gaining $3.30 (0.20%) against the previous session's close of $1,627.50.
At $1,630.80 per troy ounce, one gram of pure gold was worth about $52.43 on 20 October 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 October 2022 18k gold was worth about $39.32 per gram and 14k about $30.59 per gram, against $52.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.4 on 20 October 2022, meaning one ounce of gold was worth roughly 87.4 ounces of silver.
A week before 20 October 2022, gold was around $1,670.00 per troy ounce, so the close of $1,630.80 is a loss of 2.3% over the week.
It closed 20.51% below the highest close on record up to that date, which was set on 2020-08-06.