Gold Price in October 2020
In October 2020, gold fell 0.8%, from $1,895.50 at the end of September to $1,879.90 per troy ounce on October 30, 2020. The highest close was $1,929.50 on October 21, 2020, the lowest $1,868.00 on October 29, 2020, and the average over 22 trading days was $1,905.55. Today's price is 119.8% higher than the October 2020 close.
Gold price chart, October 2020
US dollars per troy ounce · daily closeDaily Gold Prices, October 2020
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Oct 1Thu | $1,916.30 | +1.10% | $61.61 | ₹45,410 | AED 226.25 |
| Oct 2Fri | $1,907.60 | −0.45% | $61.33 | ₹44,905 | AED 225.22 |
| Oct 5Mon | $1,920.10 | +0.66% | $61.73 | ₹45,264 | AED 226.72 |
| Oct 6Tue | $1,908.80 | −0.59% | $61.37 | ₹44,866 | AED 225.36 |
| Oct 7Wed | $1,890.80 | −0.94% | $60.79 | ₹44,873 | AED 223.28 |
| Oct 8Thu | $1,895.10 | +0.23% | $60.93 | ₹44,809 | AED 223.74 |
| Oct 9Fri | $1,926.20 | +1.64% | $61.93 | ₹45,382 | AED 227.41 |
| Oct 12Mon | $1,928.90 | +0.14% | $62.02 | ₹45,281 | AED 227.76 |
| Oct 13Tue | $1,894.60 | −1.78% | $60.91 | ₹44,680 | AED 223.68 |
| Oct 14Wed | $1,907.30 | +0.67% | $61.32 | ₹45,145 | AED 225.18 |
| Oct 15Thu | $1,908.90 | +0.08% | $61.37 | ₹44,984 | AED 225.37 |
| Oct 16Fri | $1,906.40 | −0.13% | $61.29 | ₹44,971 | AED 225.08 |
| Oct 19Mon | $1,911.70 | +0.28% | $61.46 | ₹45,140 | AED 225.73 |
| Oct 20Tue | $1,915.40 | +0.19% | $61.58 | ₹45,309 | AED 226.14 |
| Oct 21Wed | $1,929.50 | +0.74% | $62.03 | ₹45,687 | AED 227.80 |
| Oct 22Thu | $1,904.60 | −1.29% | $61.23 | ₹45,118 | AED 224.86 |
| Oct 23Fri | $1,905.20 | +0.03% | $61.25 | ₹45,156 | AED 224.94 |
| Oct 26Mon | $1,905.70 | +0.03% | $61.27 | ₹45,231 | AED 225.02 |
| Oct 27Tue | $1,911.90 | +0.33% | $61.47 | ₹45,455 | AED 225.73 |
| Oct 28Wed | $1,879.20 | −1.71% | $60.42 | ₹44,591 | AED 221.87 |
| Oct 29Thu | $1,868.00 | −0.60% | $60.06 | ₹44,707 | AED 220.54 |
| Oct 30Fri | $1,879.90 | +0.64% | $60.44 | ₹44,885 | AED 221.95 |
How October usually goes for gold
In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%.
Gold in October 2020: FAQ
What was the price of gold in October 2020?
Gold traded between $1,868.00 and $1,929.50 per troy ounce (daily closes) in October 2020, averaging $1,905.55. It closed the month at $1,879.90.
How much did gold go down in October 2020?
Gold fell 0.8%, from $1,895.50 to $1,879.90. The biggest daily rise was +1.6% on October 9, 2020 and the biggest fall −1.8% on October 13, 2020.
What was the gold price on October 1, 2020?
Gold closed at $1,916.30 per troy ounce on October 1, 2020, the first trading day of the month. 24K India, ₹ per 10 g: ₹45,410.
Is October usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%. Past seasonal patterns are not a reliable guide to any single year.