Distance from the record
This close sat 7.33% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 6 October 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,901.10 per troy ounce on 6 October 2020, down $11.40 (0.60%) from the previous close of $1,912.50.
This close sat 7.33% 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 $1,506.20, making this a +26.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,901.10 per troy ounce on 6 October 2020. That is $11.40 lower than the previous close of $1,912.50, a move of -0.60%.
The gold price fell on 6 October 2020, losing $11.40 (0.60%) against the previous session's close of $1,912.50.
At $1,901.10 per troy ounce, one gram of pure gold was worth about $61.12 on 6 October 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 October 2020 18k gold was worth about $45.84 per gram and 14k about $35.65 per gram, against $61.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.6 on 6 October 2020, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A year before 6 October 2020, gold was around $1,506.20 per troy ounce. The close of $1,901.10 therefore represents a rise of 26.2% over twelve months.
It closed 7.33% below the highest close on record up to that date, which was set on 2020-08-06.