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Gold · 2023

Gold price in 2023

In 2023, gold averaged $1,942 per troy ounce ($62.43 per gram) and rose 12.4% from $1,835 to $2,062. The high was $2,078 on 2023-12-28 and the low $1,809 on 2023-02-27.

Average

$1,942

Open → close

$1,835 → $2,062

High

$2,078

Low

$1,809

Month 2023Avg / ozAvg / gram
Jan$1,898$61.01
Feb$1,858$59.74
Mar$1,909$61.36
Apr$1,999$64.26
May$1,993$64.07
Jun$1,944$62.49
Jul$1,950$62.68
Aug$1,921$61.77
Sep$1,918$61.68
Oct$1,913$61.50
Nov$1,984$63.78
Dec$2,033$65.37

2023 at a glance

The range between the year's low and high was $268.75, or 14.9% of the low – a measure of how volatile gold was in 2023.

Compared with 2022, the average price increased by 7.8%, from $1,801 to $1,942 per ounce.

For a 10-gram 24k bar, the average 2023 value was $624.26. A gram of 22k gold averaged $57.18 and a gram of 18k $46.82.

Compare with today on the live gold price page.

Other years

FAQ

Gold price 2023 FAQ

What was the gold price in 2023?
Gold averaged $1,942 per troy ounce in 2023, or $62.43 per gram. It opened at $1,835 and closed at $2,062.
What was the highest gold price in 2023?
The highest daily gold price in 2023 was $2,078 per ounce on 2023-12-28. The lowest was $1,809 on 2023-02-27.
Did gold go up in 2023?
From the first to the last trading day of 2023, gold rose 12.4% in US dollars.
How did 2023 compare with 2022?
The average gold price in 2023 was +7.8% compared with the 2022 average of $1,801 per ounce.

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