Gold price archive · USD per troy ounce
Gold Price 2023
In 2023, gold closed between $1,817.10 and $2,093.10 per ounce, a change of +13.45% for the year.
- Open
- $1,846.10
- High close
- $2,093.10
- Low close
- $1,817.10
- Close
- $2,071.80
- Average
- $1,954.52
- Vs. 2022
- +13.45%
Gold prices by month, 2023
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $1,846.10 | $1,942.60 | $1,840.60 | $1,929.50 | +5.66% |
| February | $1,942.80 | $1,942.80 | $1,817.10 | $1,836.70 | −4.81% |
| March | $1,845.40 | $1,995.90 | $1,818.60 | $1,969.00 | +7.20% |
| April | $2,000.40 | $2,055.30 | $1,990.50 | $1,999.10 | +1.53% |
| May | $1,992.20 | $2,055.70 | $1,943.70 | $1,963.90 | −1.76% |
| June | $1,995.50 | $1,995.50 | $1,917.90 | $1,929.40 | −1.76% |
| July | $1,929.50 | $1,980.80 | $1,915.40 | $1,970.50 | +2.13% |
| August | $1,978.80 | $1,978.80 | $1,915.20 | $1,965.90 | −0.23% |
| September | $1,967.10 | $1,967.10 | $1,866.10 | $1,866.10 | −5.08% |
| October | $1,847.20 | $2,005.60 | $1,831.80 | $1,994.30 | +6.87% |
| November | $1,987.50 | $2,047.10 | $1,937.70 | $2,038.10 | +2.20% |
| December | $2,089.70 | $2,093.10 | $1,993.20 | $2,071.80 | +1.65% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2023: the year in review
The collapse of Silicon Valley Bank in March 2023 and wider worries about regional banks lifted gold. Central-bank buying stayed above 1,000 tonnes, and gold set new record highs in December 2023.
In 2023, gold rose 13.4%, the 11th best result of the 23 calendar years since 2001. Its highest close, $2,093.10, came on December 27, and its lowest, $1,817.10, on February 24.
Gold finished higher in 7 of 12 months. The strongest month was March (+7.20%) and the weakest was September (−5.08%). The largest single-day gain of the year was 3.1% on October 13, and the largest drop was 2.8% on February 3.
Gold closed at a new all-time high on 2 trading days in 2023. Every record-setting year since 2000 is listed on the gold all-time high page.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price 2023 questions
What was the price of gold in 2023?
Gold traded between $1,817.10 and $2,093.10 per troy ounce in 2023, based on daily closing prices. It closed the period at $2,071.80, and the average close was $1,954.52.
Did gold go up or down in 2023?
Gold rose 13.45% from the previous year-end close.
How does 2023 compare with a year earlier?
The year-end close of $2,071.80 is 13.4% higher than 2022.