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Gold ranged between $1,938.20 and $1,938.20 per troy ounce during August 2023, averaging $1,938.20 across 1 trading day. It finished the period at $1,938.20, down 1.64% from $1,970.50.
Metal value only, before dealer margins and fabrication.
The strongest session of August 2023 was 1 August 2023 at -1.64%, and the weakest 1 August 2023 at -1.64%.
Twelve months earlier gold traded around $1,712.80, making this a +13.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished August 2023 at $1,938.20 per troy ounce, having fallen $32.30 (1.64%) over the month. It has traded between $1,938.20 and $1,938.20 across 1 trading day.
The average gold closing price in August 2023 was $1,938.20 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of August 2023 at $1,938.20 per troy ounce on 1 August 2023.
The lowest gold close in August 2023 was $1,938.20 per troy ounce on 1 August 2023.
Gold fell during August 2023. It entered the month at $1,970.50 and closed at $1,938.20, a change of -1.64%.
Gold closed higher on 0 sessions and lower on 1 during August 2023. The strongest session was 1 August 2023 (-1.64%) and the weakest 1 August 2023 (-1.64%).
Daily closes in August 2023 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,938.20 to $1,938.20).
At the August 2023 close of $1,938.20 per troy ounce, gold worked out at about $62.31 per gram and $62,314.58 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 79.2 through August 2023 and finished the month near 79.2. A higher ratio means silver is cheap relative to gold.
Gold was around $1,712.80 per troy ounce twelve months before the end of August 2023. Closing at $1,938.20 makes that a gain of 13.2% year on year.