Distance from the record
This close sat 11.83% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 24 February 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 December 2022
Gold closed at $1,808.80 per troy ounce on 24 February 2023, down $9.200 (0.51%) from the previous close of $1,818.00.
Notable session: lowest close of the year; lowest close of the month.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 11.83% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten lowest gold closes of that year, ranking 249 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,925.10, making this a -6.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,808.80 per troy ounce on 24 February 2023. That is $9.20 lower than the previous close of $1,818.00, a move of -0.51%.
The gold price fell on 24 February 2023, losing $9.20 (0.51%) against the previous session's close of $1,818.00.
At $1,808.80 per troy ounce, one gram of pure gold was worth about $58.15 on 24 February 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 February 2023 18k gold was worth about $43.62 per gram and 14k about $33.92 per gram, against $58.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.9 on 24 February 2023, meaning one ounce of gold was worth roughly 86.9 ounces of silver.
A month before 24 February 2023, gold was around $1,933.90 per troy ounce, so the close of $1,808.80 is a loss of 6.5% over the month.
This close was session 5 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 11.83% below the highest close on record up to that date, which was set on 2020-08-06.