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 28 February 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,828.90 per troy ounce on 28 February 2023, up $11.90 (0.65%) from the previous close of $1,817.00.
This was the strongest close of the week up to that point.
This close sat 10.85% below the highest gold close recorded up to that date, set on 2020-08-06.
One of the ten lowest gold closes of that year, ranking 240 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,899.40, making this a -3.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,828.90 per troy ounce on 28 February 2023. That is $11.90 higher than the previous close of $1,817.00, a move of 0.65%.
The gold price rose on 28 February 2023, gaining $11.90 (0.65%) against the previous session's close of $1,817.00.
At $1,828.90 per troy ounce, one gram of pure gold was worth about $58.80 on 28 February 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 February 2023 18k gold was worth about $44.10 per gram and 14k about $34.30 per gram, against $58.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.3 on 28 February 2023, meaning one ounce of gold was worth roughly 87.3 ounces of silver.
A month before 28 February 2023, gold was around $1,928.60 per troy ounce, so the close of $1,828.90 is a loss of 5.2% over the month.
It closed 10.85% below the highest close on record up to that date, which was set on 2020-08-06.