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 26 August 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,940.70 per troy ounce on 26 August 2020, up $28.90 (1.51%) from the previous close of $1,911.80.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 5.40% 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 $1,526.30, making this a +27.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,940.70 per troy ounce on 26 August 2020. That is $28.90 higher than the previous close of $1,911.80, a move of 1.51%.
The gold price rose on 26 August 2020, gaining $28.90 (1.51%) against the previous session's close of $1,911.80.
At $1,940.70 per troy ounce, one gram of pure gold was worth about $62.39 on 26 August 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 August 2020 18k gold was worth about $46.80 per gram and 14k about $36.40 per gram, against $62.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.8 on 26 August 2020, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A year before 26 August 2020, gold was around $1,526.30 per troy ounce. The close of $1,940.70 therefore represents a rise of 27.2% over twelve months.
It closed 5.40% below the highest close on record up to that date, which was set on 2020-08-06.