Distance from the record
This close sat 6.49% 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 September 2023, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,918.40 per troy ounce on 8 September 2023, up $0.900 (0.05%) from the previous close of $1,917.50.
Gold barely moved, closing within 0.05% 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 6.49% 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 $1,708.00, making this a +12.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,918.40 per troy ounce on 8 September 2023. That is $0.90 higher than the previous close of $1,917.50, a move of 0.05%.
The gold price rose on 8 September 2023, gaining $0.90 (0.05%) against the previous session's close of $1,917.50.
At $1,918.40 per troy ounce, one gram of pure gold was worth about $61.68 on 8 September 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 September 2023 18k gold was worth about $46.26 per gram and 14k about $35.98 per gram, against $61.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.8 on 8 September 2023, meaning one ounce of gold was worth roughly 83.8 ounces of silver.
A week before 8 September 2023, gold was around $1,848.10 per troy ounce, so the close of $1,918.40 is a gain of 3.8% over the week.
A year before 8 September 2023, gold was around $1,708.00 per troy ounce. The close of $1,918.40 therefore represents a rise of 12.3% over twelve months.
It closed 6.49% below the highest close on record up to that date, which was set on 2020-08-06.