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 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,976.30 per troy ounce on 23 October 2023, down $6.200 (0.31%) from the previous close of $1,982.50.
This was the strongest close of the week up to that point.
This close sat 3.67% 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 $1,651.00, making this a +19.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,976.30 per troy ounce on 23 October 2023. That is $6.20 lower than the previous close of $1,982.50, a move of -0.31%.
The gold price fell on 23 October 2023, losing $6.20 (0.31%) against the previous session's close of $1,982.50.
At $1,976.30 per troy ounce, one gram of pure gold was worth about $63.54 on 23 October 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 October 2023 18k gold was worth about $47.65 per gram and 14k about $37.06 per gram, against $63.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.7 on 23 October 2023, meaning one ounce of gold was worth roughly 85.7 ounces of silver.
A week before 23 October 2023, gold was around $1,921.10 per troy ounce, so the close of $1,976.30 is a gain of 2.9% over the week.
A year before 23 October 2023, gold was around $1,651.00 per troy ounce. The close of $1,976.30 therefore represents a rise of 19.7% over twelve months.
It closed 3.67% below the highest close on record up to that date, which was set on 2020-08-06.