Distance from the record
This close sat 6.21% 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 8 August 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 6 July 2023
Gold closed at $1,924.10 per troy ounce on 8 August 2023, down $9.400 (0.49%) from the previous close of $1,933.50.
This close sat 6.21% 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 $1,786.80, making this a +7.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,924.10 per troy ounce on 8 August 2023. That is $9.40 lower than the previous close of $1,933.50, a move of -0.49%.
The gold price fell on 8 August 2023, losing $9.40 (0.49%) against the previous session's close of $1,933.50.
At $1,924.10 per troy ounce, one gram of pure gold was worth about $61.86 on 8 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 August 2023 18k gold was worth about $46.40 per gram and 14k about $36.09 per gram, against $61.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.7 on 8 August 2023, meaning one ounce of gold was worth roughly 84.7 ounces of silver.
It closed 6.21% below the highest close on record up to that date, which was set on 2020-08-06.