Distance from the record
This close sat 3.11% 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 8 December 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 22 November 2023
Gold closed at $1,998.30 per troy ounce on 8 December 2023, down $31.60 (1.56%) from the previous close of $2,029.90.
This close sat 3.11% 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 $1,788.70, making this a +11.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,998.30 per troy ounce on 8 December 2023. That is $31.60 lower than the previous close of $2,029.90, a move of -1.56%.
The gold price fell on 8 December 2023, losing $31.60 (1.56%) against the previous session's close of $2,029.90.
At $1,998.30 per troy ounce, one gram of pure gold was worth about $64.25 on 8 December 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 December 2023 18k gold was worth about $48.19 per gram and 14k about $37.48 per gram, against $64.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.0 on 8 December 2023, meaning one ounce of gold was worth roughly 87.0 ounces of silver.
A week before 8 December 2023, gold was around $2,062.40 per troy ounce, so the close of $1,998.30 is a loss of 3.1% over the week.
It closed 3.11% below the highest close on record up to that date, which was set on 2023-12-01.