Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 26 October 2023, not the current price.See today's gold price (11 September 2026)
Highest closing price since 16 May 2023
Gold closed at $1,987.20 per troy ounce on 26 October 2023, up $3.100 (0.16%) from the previous close of $1,984.10.
No earlier session that month closed above this level.
This close sat 3.13% 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 $1,664.00, making this a +19.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,987.20 per troy ounce on 26 October 2023. That is $3.10 higher than the previous close of $1,984.10, a move of 0.16%.
The gold price rose on 26 October 2023, gaining $3.10 (0.16%) against the previous session's close of $1,984.10.
At $1,987.20 per troy ounce, one gram of pure gold was worth about $63.89 on 26 October 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 October 2023 18k gold was worth about $47.92 per gram and 14k about $37.27 per gram, against $63.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.2 on 26 October 2023, meaning one ounce of gold was worth roughly 87.2 ounces of silver.
A year before 26 October 2023, gold was around $1,664.00 per troy ounce. The close of $1,987.20 therefore represents a rise of 19.4% over twelve months.
It closed 3.13% below the highest close on record up to that date, which was set on 2020-08-06.
The most recent higher close was about 5 months earlier — 113 trading sessions before this one.