Distance from the record
This close sat 37.40% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 27 September 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 17 August 2018
Gold closed at $1,182.30 per troy ounce on 27 September 2018, down $11.70 (0.98%) from the previous close of $1,194.00.
Notable session: lowest close of the month.
This close sat 37.40% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 248 of 251 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,283.40, making this a -7.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,182.30 per troy ounce on 27 September 2018. That is $11.70 lower than the previous close of $1,194.00, a move of -0.98%.
The gold price fell on 27 September 2018, losing $11.70 (0.98%) against the previous session's close of $1,194.00.
At $1,182.30 per troy ounce, one gram of pure gold was worth about $38.01 on 27 September 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 September 2018 18k gold was worth about $28.51 per gram and 14k about $22.17 per gram, against $38.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.3 on 27 September 2018, meaning one ounce of gold was worth roughly 83.3 ounces of silver.
It closed 37.40% below the highest close on record up to that date, which was set on 2011-08-22.