Gold Price in October 2023
In October 2023, gold rose 6.9%, from $1,866.10 at the end of September to $1,994.30 per troy ounce on October 31, 2023. The highest close was $2,005.60 on October 30, 2023, the lowest $1,831.80 on October 5, 2023, and the average over 22 trading days was $1,928.62. Today's price is 101.9% higher than the October 2023 close.
Gold price chart, October 2023
US dollars per troy ounce · daily closeDaily Gold Prices, October 2023
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 2Mon | $1,847.20 | −1.01% | $59.39 | ₹49,313 | AED 218.11 |
| Oct 3Tue | $1,841.50 | −0.31% | $59.21 | ₹49,353 | AED 217.40 |
| Oct 4Wed | $1,834.80 | −0.36% | $58.99 | ₹49,097 | AED 216.61 |
| Oct 5Thu | $1,831.80 | −0.16% | $58.89 | ₹49,147 | AED 216.26 |
| Oct 6Fri | $1,845.20 | +0.73% | $59.32 | ₹49,373 | AED 217.84 |
| Oct 9Mon | $1,864.30 | +1.04% | $59.94 | ₹49,824 | AED 220.12 |
| Oct 10Tue | $1,875.30 | +0.59% | $60.29 | ₹50,206 | AED 221.39 |
| Oct 11Wed | $1,887.30 | +0.64% | $60.68 | ₹50,515 | AED 222.82 |
| Oct 12Thu | $1,883.00 | −0.23% | $60.54 | ₹50,380 | AED 222.30 |
| Oct 13Fri | $1,941.50 | +3.11% | $62.42 | ₹51,973 | AED 229.21 |
| Oct 16Mon | $1,934.30 | −0.37% | $62.19 | ₹51,793 | AED 228.40 |
| Oct 17Tue | $1,935.70 | +0.07% | $62.23 | ₹51,779 | AED 228.52 |
| Oct 18Wed | $1,968.30 | +1.68% | $63.28 | ₹52,692 | AED 232.40 |
| Oct 19Thu | $1,980.50 | +0.62% | $63.67 | ₹53,021 | AED 233.81 |
| Oct 20Fri | $1,994.40 | +0.70% | $64.12 | ₹53,299 | AED 235.45 |
| Oct 23Mon | $1,987.80 | −0.33% | $63.91 | ₹53,147 | AED 234.71 |
| Oct 24Tue | $1,986.10 | −0.09% | $63.85 | ₹53,018 | AED 234.47 |
| Oct 25Wed | $1,994.90 | +0.44% | $64.14 | ₹53,226 | AED 235.51 |
| Oct 26Thu | $1,997.40 | +0.13% | $64.22 | ₹53,411 | AED 235.81 |
| Oct 27Fri | $1,998.50 | +0.06% | $64.25 | ₹53,512 | AED 235.94 |
| Oct 30Mon | $2,005.60 | +0.36% | $64.48 | ₹53,786 | AED 236.81 |
| Oct 31Tue | $1,994.30 | −0.56% | $64.12 | ₹53,408 | AED 235.44 |
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 2023: FAQ
What was the price of gold in October 2023?
Gold traded between $1,831.80 and $2,005.60 per troy ounce (daily closes) in October 2023, averaging $1,928.62. It closed the month at $1,994.30.
How much did gold go up in October 2023?
Gold rose 6.9%, from $1,866.10 to $1,994.30. The biggest daily rise was +3.1% on October 13, 2023 and the biggest fall −1.0% on October 2, 2023.
What was the gold price on October 2, 2023?
Gold closed at $1,847.20 per troy ounce on October 2, 2023, the first trading day of the month. 24K India, ₹ per 10 g: ₹49,313.
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.