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 23 February 2024, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 February 2024
Gold closed at $2,038.60 per troy ounce on 23 February 2024, up $18.90 (0.94%) from the previous close of $2,019.70.
This was the strongest close of the week up to that point.
This close sat 2.08% below the highest gold close recorded up to that date, set on 2023-12-27.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,818.00, making this a +12.13% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,038.60 per troy ounce on 23 February 2024. That is $18.90 higher than the previous close of $2,019.70, a move of 0.94%.
The gold price rose on 23 February 2024, gaining $18.90 (0.94%) against the previous session's close of $2,019.70.
At $2,038.60 per troy ounce, one gram of pure gold was worth about $65.54 on 23 February 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 February 2024 18k gold was worth about $49.16 per gram and 14k about $38.23 per gram, against $65.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.8 on 23 February 2024, meaning one ounce of gold was worth roughly 88.8 ounces of silver.
A year before 23 February 2024, gold was around $1,818.00 per troy ounce. The close of $2,038.60 therefore represents a rise of 12.1% over twelve months.
It closed 2.08% below the highest close on record up to that date, which was set on 2023-12-27.