Distance from the record
This close sat 9.34% below the highest gold close recorded up to that date, set on 2020-08-06.
Loading…
This page is a historical record of the gold price in 23 September 2020, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 21 July 2020
Gold closed at $1,859.90 per troy ounce on 23 September 2020, down $38.70 (2.04%) from the previous close of $1,898.60.
Gold lost 2.04% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 9.34% 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 $1,523.70, making this a +22.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,859.90 per troy ounce on 23 September 2020. That is $38.70 lower than the previous close of $1,898.60, a move of -2.04%.
The gold price fell on 23 September 2020, losing $38.70 (2.04%) against the previous session's close of $1,898.60.
At $1,859.90 per troy ounce, one gram of pure gold was worth about $59.80 on 23 September 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 September 2020 18k gold was worth about $44.85 per gram and 14k about $34.88 per gram, against $59.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.8 on 23 September 2020, meaning one ounce of gold was worth roughly 80.8 ounces of silver.
A week before 23 September 2020, gold was around $1,960.20 per troy ounce, so the close of $1,859.90 is a loss of 5.1% over the week.
A year before 23 September 2020, gold was around $1,523.70 per troy ounce. The close of $1,859.90 therefore represents a rise of 22.1% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 9.34% below the highest close on record up to that date, which was set on 2020-08-06.