Distance from the record
This close sat 6.53% 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 7 September 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,917.50 per troy ounce on 7 September 2023, down $0.600 (0.03%) from the previous close of $1,918.10.
Gold barely moved, closing within 0.03% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 6.53% 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 $1,715.30, making this a +11.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,917.50 per troy ounce on 7 September 2023. That is $0.60 lower than the previous close of $1,918.10, a move of -0.03%.
The gold price fell on 7 September 2023, losing $0.60 (0.03%) against the previous session's close of $1,918.10.
At $1,917.50 per troy ounce, one gram of pure gold was worth about $61.65 on 7 September 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 September 2023 18k gold was worth about $46.24 per gram and 14k about $35.96 per gram, against $61.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.6 on 7 September 2023, meaning one ounce of gold was worth roughly 83.6 ounces of silver.
It closed 6.53% below the highest close on record up to that date, which was set on 2020-08-06.