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 September 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,872.80 per troy ounce on 28 September 2020, up $15.10 (0.81%) from the previous close of $1,857.70.
This was the strongest close of the week up to that point.
This close sat 8.71% 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 $1,499.10, making this a +24.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,872.80 per troy ounce on 28 September 2020. That is $15.10 higher than the previous close of $1,857.70, a move of 0.81%.
The gold price rose on 28 September 2020, gaining $15.10 (0.81%) against the previous session's close of $1,857.70.
At $1,872.80 per troy ounce, one gram of pure gold was worth about $60.21 on 28 September 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 September 2020 18k gold was worth about $45.16 per gram and 14k about $35.12 per gram, against $60.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.6 on 28 September 2020, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A year before 28 September 2020, gold was around $1,499.10 per troy ounce. The close of $1,872.80 therefore represents a rise of 24.9% over twelve months.
It closed 8.71% below the highest close on record up to that date, which was set on 2020-08-06.