Distance from the record
This close sat 7.33% 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 22 October 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,901.10 per troy ounce on 22 October 2020, down $23.50 (1.22%) from the previous close of $1,924.60.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 7.33% 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 $1,481.70, making this a +28.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,901.10 per troy ounce on 22 October 2020. That is $23.50 lower than the previous close of $1,924.60, a move of -1.22%.
The gold price fell on 22 October 2020, losing $23.50 (1.22%) against the previous session's close of $1,924.60.
At $1,901.10 per troy ounce, one gram of pure gold was worth about $61.12 on 22 October 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 October 2020 18k gold was worth about $45.84 per gram and 14k about $35.65 per gram, against $61.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.1 on 22 October 2020, meaning one ounce of gold was worth roughly 77.1 ounces of silver.
A year before 22 October 2020, gold was around $1,481.70 per troy ounce. The close of $1,901.10 therefore represents a rise of 28.3% over twelve months.
It closed 7.33% below the highest close on record up to that date, which was set on 2020-08-06.