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 24 August 2020, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 24 July 2020
Gold closed at $1,927.70 per troy ounce on 24 August 2020, down $6.900 (0.36%) from the previous close of $1,934.60.
This was the strongest close of the week up to that point.
This close sat 6.03% 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 $1,526.60, making this a +26.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,927.70 per troy ounce on 24 August 2020. That is $6.90 lower than the previous close of $1,934.60, a move of -0.36%.
The gold price fell on 24 August 2020, losing $6.90 (0.36%) against the previous session's close of $1,934.60.
At $1,927.70 per troy ounce, one gram of pure gold was worth about $61.98 on 24 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 August 2020 18k gold was worth about $46.48 per gram and 14k about $36.15 per gram, against $61.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.5 on 24 August 2020, meaning one ounce of gold was worth roughly 72.5 ounces of silver.
A week before 24 August 2020, gold was around $1,985.00 per troy ounce, so the close of $1,927.70 is a loss of 2.9% over the week.
A year before 24 August 2020, gold was around $1,526.60 per troy ounce. The close of $1,927.70 therefore represents a rise of 26.3% over twelve months.
It closed 6.03% below the highest close on record up to that date, which was set on 2020-08-06.