Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 23 October 2018, not the current price.See today's gold price (11 September 2026)
Highest closing price since 16 July 2018
Gold closed at $1,233.40 per troy ounce on 23 October 2018, up $12.20 (1.00%) from the previous close of $1,221.20.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 34.70% 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 $1,277.70, making this a -3.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,233.40 per troy ounce on 23 October 2018. That is $12.20 higher than the previous close of $1,221.20, a move of 1.00%.
The gold price rose on 23 October 2018, gaining $12.20 (1.00%) against the previous session's close of $1,221.20.
At $1,233.40 per troy ounce, one gram of pure gold was worth about $39.65 on 23 October 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 October 2018 18k gold was worth about $29.74 per gram and 14k about $23.13 per gram, against $39.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.7 on 23 October 2018, meaning one ounce of gold was worth roughly 83.7 ounces of silver.
It closed 34.70% below the highest close on record up to that date, which was set on 2011-08-22.
The most recent higher close was about 3 months earlier — 70 trading sessions before this one.