Distance from the record
This close sat 2.13% below the highest gold close recorded up to that date, set on 2023-12-01.
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This page is a historical record of the gold price in 5 December 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,018.50 per troy ounce on 5 December 2023, down $5.600 (0.28%) from the previous close of $2,024.10.
This close sat 2.13% below the highest gold close recorded up to that date, set on 2023-12-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,767.40, making this a +14.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,018.50 per troy ounce on 5 December 2023. That is $5.60 lower than the previous close of $2,024.10, a move of -0.28%.
The gold price fell on 5 December 2023, losing $5.60 (0.28%) against the previous session's close of $2,024.10.
At $2,018.50 per troy ounce, one gram of pure gold was worth about $64.90 on 5 December 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2023 18k gold was worth about $48.67 per gram and 14k about $37.86 per gram, against $64.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.4 on 5 December 2023, meaning one ounce of gold was worth roughly 83.4 ounces of silver.
A year before 5 December 2023, gold was around $1,767.40 per troy ounce. The close of $2,018.50 therefore represents a rise of 14.2% over twelve months.
It closed 2.13% below the highest close on record up to that date, which was set on 2023-12-01.