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 8 December 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,870.80 per troy ounce on 8 December 2020, up $9.000 (0.48%) from the previous close of $1,861.80.
This was the strongest close of the week up to that point.
This close sat 8.81% 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 $1,459.10, making this a +28.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,870.80 per troy ounce on 8 December 2020. That is $9.00 higher than the previous close of $1,861.80, a move of 0.48%.
The gold price rose on 8 December 2020, gaining $9.00 (0.48%) against the previous session's close of $1,861.80.
At $1,870.80 per troy ounce, one gram of pure gold was worth about $60.15 on 8 December 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 December 2020 18k gold was worth about $45.11 per gram and 14k about $35.09 per gram, against $60.15 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.8 on 8 December 2020, meaning one ounce of gold was worth roughly 75.8 ounces of silver.
A year before 8 December 2020, gold was around $1,459.10 per troy ounce. The close of $1,870.80 therefore represents a rise of 28.2% over twelve months.
It closed 8.81% below the highest close on record up to that date, which was set on 2020-08-06.