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Gold Price in September 2023

In September 2023, gold fell 5.1%, from $1,965.90 at the end of August to $1,866.10 per troy ounce on September 29, 2023. The highest close was $1,967.10 on September 1, 2023, the lowest $1,866.10 on September 29, 2023, and the average over 20 trading days was $1,934.72. Today's price is 121.4% higher than the September 2023 close.

End of August
$1,965.90
Month-end close
$1,866.10
Sep 29
Change
−5.1%
High
$1,967.10
Sep 1
Low
$1,866.10
Sep 29
Average
$1,934.72
20 trading days

Gold price chart, September 2023

US dollars per troy ounce · daily close
$1,858$1,917$1,975Aug 31Sep 6Sep 12Sep 15Sep 20Sep 26Sep 29

Daily Gold Prices, September 2023

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Sep 1Fri$1,967.10+0.06% $63.24 ₹52,291AED 232.23
Sep 5Tue$1,952.60−0.74% $62.78 ₹51,939AED 230.52
Sep 6Wed$1,944.20−0.43% $62.51 ₹51,935AED 229.58
Sep 7Thu$1,942.50−0.09% $62.45 ₹51,997AED 229.33
Sep 8Fri$1,942.70+0.01% $62.46 ₹51,992AED 229.40
Sep 11Mon$1,947.20+0.23% $62.60 ₹51,981AED 229.92
Sep 12Tue$1,935.10−0.62% $62.21 ₹51,603AED 228.46
Sep 13Wed$1,932.50−0.13% $62.13 ₹51,471AED 228.15
Sep 14Thu$1,932.80+0.02% $62.14 ₹51,538AED 228.24
Sep 15Fri$1,946.20+0.69% $62.57 ₹51,952AED 229.76
Sep 18Mon$1,953.40+0.37% $62.80 ₹52,181AED 230.65
Sep 19Tue$1,953.70+0.02% $62.81 ₹52,295AED 230.64
Sep 20Wed$1,967.10+0.69% $63.24 ₹52,616AED 232.22
Sep 21Thu$1,939.60−1.40% $62.36 ₹51,813AED 228.98
Sep 22Fri$1,945.60+0.31% $62.55 ₹51,851AED 229.69
Sep 25Mon$1,936.60−0.46% $62.26 ₹51,663AED 228.66
Sep 26Tue$1,919.80−0.87% $61.72 ₹51,248AED 226.65
Sep 27Wed$1,890.90−1.51% $60.79 ₹50,640AED 223.24
Sep 28Thu$1,878.60−0.65% $60.40 ₹50,265AED 221.78
Sep 29Fri$1,866.10−0.67% $60.00 ₹49,913AED 220.31
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How September usually goes for gold

In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%.

Gold in September 2023: FAQ

What was the price of gold in September 2023?

Gold traded between $1,866.10 and $1,967.10 per troy ounce (daily closes) in September 2023, averaging $1,934.72. It closed the month at $1,866.10.

How much did gold go down in September 2023?

Gold fell 5.1%, from $1,965.90 to $1,866.10. The biggest daily rise was +0.7% on September 15, 2023 and the biggest fall −1.5% on September 27, 2023.

What was the gold price on September 1, 2023?

Gold closed at $1,967.10 per troy ounce on September 1, 2023, the first trading day of the month. 24K India, ₹ per 10 g: ₹52,291.

Is September usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Past seasonal patterns are not a reliable guide to any single year.