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This page is a historical record of the gold price in October 2023, not the current price.See today's gold price (11 September 2026)
Gold ranged between $1,816.60 and $1,996.20 per troy ounce during October 2023, averaging $1,915.57 across 22 trading days. It finished the period at $1,985.20, up 7.42% from $1,848.10.
Metal value only, before dealer margins and fabrication.
The strongest session of October 2023 was 13 October 2023 at +3.11%, and the weakest 2 October 2023 at -0.98%.
Twelve months earlier gold traded around $1,635.90, making this a +21.35% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 October 2023 | $1,830.00 | −$18.10 |
| 3 October 2023 | $1,824.60 | −$5.400 |
| 4 October 2023 | $1,818.50 | −$6.100 |
| 5 October 2023 | $1,816.60 | −$1.900 |
| 6 October 2023 | $1,830.20 | +$13.60 |
| 9 October 2023 | $1,849.50 | +$19.30 |
| 10 October 2023 | $1,861.00 | +$11.50 |
| 11 October 2023 | $1,872.80 | +$11.80 |
| 12 October 2023 | $1,869.30 | −$3.500 |
| 13 October 2023 | $1,927.40 | +$58.10 |
| 16 October 2023 | $1,921.10 | −$6.300 |
| 17 October 2023 | $1,922.70 | +$1.600 |
| 18 October 2023 | $1,955.30 | +$32.60 |
| 19 October 2023 | $1,968.40 | +$13.10 |
| 20 October 2023 | $1,982.50 | +$14.10 |
| 23 October 2023 | $1,976.30 | −$6.200 |
| 24 October 2023 | $1,975.00 | −$1.300 |
| 25 October 2023 | $1,984.10 | +$9.100 |
| 26 October 2023 | $1,987.20 | +$3.100 |
| 27 October 2023 | $1,988.60 | +$1.400 |
| 30 October 2023 | $1,996.20 | +$7.600 |
| 31 October 2023 | $1,985.20 | −$11.00 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished October 2023 at $1,985.20 per troy ounce, having risen $137.10 (7.42%) over the month. It has traded between $1,816.60 and $1,996.20 across 22 trading days.
The average gold closing price in October 2023 was $1,915.57 per troy ounce, calculated across all 22 trading days in the month.
Gold reached its highest close of October 2023 at $1,996.20 per troy ounce on 30 October 2023.
The lowest gold close in October 2023 was $1,816.60 per troy ounce on 5 October 2023.
Gold rose during October 2023. It entered the month at $1,848.10 and closed at $1,985.20, a change of 7.42%.
Gold closed higher on 13 sessions and lower on 9 during October 2023. The strongest session was 13 October 2023 (+3.11%) and the weakest 2 October 2023 (-0.98%).
Daily closes in October 2023 varied with a standard deviation of 0.86% per session, and the peak-to-trough spread across the month was 9.9% ($1,816.60 to $1,996.20).
At the October 2023 close of $1,985.20 per troy ounce, gold worked out at about $63.83 per gram and $63,825.66 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 85.8 through October 2023 and finished the month near 86.9. A higher ratio means silver is cheap relative to gold.
Gold was around $1,635.90 per troy ounce twelve months before the end of October 2023. Closing at $1,985.20 makes that a gain of 21.4% year on year.