Distance from the record
This close sat 5.03% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 27 October 2000, not the current price.See today's gold price (11 September 2026)
Gold's lowest closing price on record
Gold closed at $264.40 per troy ounce on 27 October 2000, down $0.500 (0.19%) from the previous close of $264.90.
No earlier session closed lower. Lows on this scale usually mark the end of a long decline rather than a single bad day, so the surrounding weeks carry more information than this close alone.
This close sat 5.03% below the highest gold close recorded up to that date, set on 2000-09-27.
One of the ten lowest gold closes of that year, ranking 80 of 84 sessions.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $264.40 per troy ounce on 27 October 2000. That is $0.50 lower than the previous close of $264.90, a move of -0.19%.
The gold price fell on 27 October 2000, losing $0.50 (0.19%) against the previous session's close of $264.90.
At $264.40 per troy ounce, one gram of pure gold was worth about $8.50 on 27 October 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2000 18k gold was worth about $6.38 per gram and 14k about $4.96 per gram, against $8.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.7 on 27 October 2000, meaning one ounce of gold was worth roughly 55.7 ounces of silver.
A week before 27 October 2000, gold was around $271.20 per troy ounce, so the close of $264.40 is a loss of 2.5% over the week.
A month before 27 October 2000, gold was around $278.40 per troy ounce, so the close of $264.40 is a loss of 5.0% over the month.
Yes. No earlier session had closed lower at the time. The series has moved since, so this describes the record as it stood on that date.
This close was session 3 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 5.03% below the highest close on record up to that date, which was set on 2000-09-27.