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 October 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,489.90 per troy ounce on 23 October 2019, up $8.200 (0.55%) from the previous close of $1,481.70.
This was the strongest close of the week up to that point.
This close sat 21.12% 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 $1,233.40, making this a +20.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,489.90 per troy ounce on 23 October 2019. That is $8.20 higher than the previous close of $1,481.70, a move of 0.55%.
The gold price rose on 23 October 2019, gaining $8.20 (0.55%) against the previous session's close of $1,481.70.
At $1,489.90 per troy ounce, one gram of pure gold was worth about $47.90 on 23 October 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 October 2019 18k gold was worth about $35.93 per gram and 14k about $27.94 per gram, against $47.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.1 on 23 October 2019, meaning one ounce of gold was worth roughly 85.1 ounces of silver.
A year before 23 October 2019, gold was around $1,233.40 per troy ounce. The close of $1,489.90 therefore represents a rise of 20.8% over twelve months.
It closed 21.12% below the highest close on record up to that date, which was set on 2011-08-22.