Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 30 August 2023, not the current price.See today's gold price (11 September 2026)
Highest closing price since 31 July 2023
Gold closed at $1,944.30 per troy ounce on 30 August 2023, up $7.800 (0.40%) from the previous close of $1,936.50.
Notable session: highest close of the month.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 5.23% 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 $1,723.20, making this a +12.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,944.30 per troy ounce on 30 August 2023. That is $7.80 higher than the previous close of $1,936.50, a move of 0.40%.
The gold price rose on 30 August 2023, gaining $7.80 (0.40%) against the previous session's close of $1,936.50.
At $1,944.30 per troy ounce, one gram of pure gold was worth about $62.51 on 30 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 August 2023 18k gold was worth about $46.88 per gram and 14k about $36.46 per gram, against $62.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.6 on 30 August 2023, meaning one ounce of gold was worth roughly 78.6 ounces of silver.
A year before 30 August 2023, gold was around $1,723.20 per troy ounce. The close of $1,944.30 therefore represents a rise of 12.8% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 5.23% below the highest close on record up to that date, which was set on 2020-08-06.