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 31 August 2026, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 August 2026
Gold closed at $4,504.20 per troy ounce on 31 August 2026, down $25.70 (0.57%) from the previous close of $4,529.90.
This was the strongest close of the week up to that point.
This close sat 15.31% below the highest gold close recorded up to that date, set on 2026-01-29.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,473.70, making this a +29.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,504.20 per troy ounce on 31 August 2026. That is $25.70 lower than the previous close of $4,529.90, a move of -0.57%.
The gold price fell on 31 August 2026, losing $25.70 (0.57%) against the previous session's close of $4,529.90.
At $4,504.20 per troy ounce, one gram of pure gold was worth about $144.81 on 31 August 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 August 2026 18k gold was worth about $108.61 per gram and 14k about $84.47 per gram, against $144.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.9 on 31 August 2026, meaning one ounce of gold was worth roughly 66.9 ounces of silver.
A week before 31 August 2026, gold was around $4,692.50 per troy ounce, so the close of $4,504.20 is a loss of 4.0% over the week.
A month before 31 August 2026, gold was around $4,049.10 per troy ounce, so the close of $4,504.20 is a gain of 11.2% over the month.
A year before 31 August 2026, gold was around $3,473.70 per troy ounce. The close of $4,504.20 therefore represents a rise of 29.7% over twelve months.
It closed 15.31% below the highest close on record up to that date, which was set on 2026-01-29.