Distance from the record
This close sat 31.76% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 23 August 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,288.90 per troy ounce on 23 August 2017, up $3.800 (0.30%) from the previous close of $1,285.10.
This close sat 31.76% 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 $1,340.60, making this a -3.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,288.90 per troy ounce on 23 August 2017. That is $3.80 higher than the previous close of $1,285.10, a move of 0.30%.
The gold price rose on 23 August 2017, gaining $3.80 (0.30%) against the previous session's close of $1,285.10.
At $1,288.90 per troy ounce, one gram of pure gold was worth about $41.44 on 23 August 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 August 2017 18k gold was worth about $31.08 per gram and 14k about $24.17 per gram, against $41.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.7 on 23 August 2017, meaning one ounce of gold was worth roughly 75.7 ounces of silver.
It closed 31.76% below the highest close on record up to that date, which was set on 2011-08-22.