Distance from the record
This close sat 19.05% below the highest gold close recorded up to that date, set on 2020-08-06.
This page is a historical record of the gold price in 27 October 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,660.70 per troy ounce on 27 October 2022, down $3.300 (0.20%) from the previous close of $1,664.00.
This close sat 19.05% 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 $1,797.90, making this a -7.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,660.70 per troy ounce on 27 October 2022. That is $3.30 lower than the previous close of $1,664.00, a move of -0.20%.
The gold price fell on 27 October 2022, losing $3.30 (0.20%) against the previous session's close of $1,664.00.
At $1,660.70 per troy ounce, one gram of pure gold was worth about $53.39 on 27 October 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2022 18k gold was worth about $40.04 per gram and 14k about $31.15 per gram, against $53.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.3 on 27 October 2022, meaning one ounce of gold was worth roughly 85.3 ounces of silver.
It closed 19.05% below the highest close on record up to that date, which was set on 2020-08-06.