Distance from the record
This close sat 3.73% 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 24 October 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,975.00 per troy ounce on 24 October 2023, down $1.300 (0.07%) from the previous close of $1,976.30.
Gold barely moved, closing within 0.07% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 3.73% 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 $1,648.70, making this a +19.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,975.00 per troy ounce on 24 October 2023. That is $1.30 lower than the previous close of $1,976.30, a move of -0.07%.
The gold price fell on 24 October 2023, losing $1.30 (0.07%) against the previous session's close of $1,976.30.
At $1,975.00 per troy ounce, one gram of pure gold was worth about $63.50 on 24 October 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 October 2023 18k gold was worth about $47.62 per gram and 14k about $37.04 per gram, against $63.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.9 on 24 October 2023, meaning one ounce of gold was worth roughly 85.9 ounces of silver.
A week before 24 October 2023, gold was around $1,922.70 per troy ounce, so the close of $1,975.00 is a gain of 2.7% over the week.
A year before 24 October 2023, gold was around $1,648.70 per troy ounce. The close of $1,975.00 therefore represents a rise of 19.8% over twelve months.
It closed 3.73% below the highest close on record up to that date, which was set on 2020-08-06.