Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 22 August 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,896.40 per troy ounce on 22 August 2023, up $3.100 (0.16%) from the previous close of $1,893.30.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 7.56% 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 $1,734.00, making this a +9.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,896.40 per troy ounce on 22 August 2023. That is $3.10 higher than the previous close of $1,893.30, a move of 0.16%.
The gold price rose on 22 August 2023, gaining $3.10 (0.16%) against the previous session's close of $1,893.30.
At $1,896.40 per troy ounce, one gram of pure gold was worth about $60.97 on 22 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 August 2023 18k gold was worth about $45.73 per gram and 14k about $35.57 per gram, against $60.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.0 on 22 August 2023, meaning one ounce of gold was worth roughly 81.0 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 7.56% below the highest close on record up to that date, which was set on 2020-08-06.