Gold price by month

Gold price in September 2023: daily prices, high, low and change

Gold closed September 2023 at $1,866.10 an ounce, down 5.08% on the month. The highest close was $1,967.10 on 1 Sep and the lowest $1,866.10 on 29 Sep. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,866.1029 September 2023
Monthly change−5.1%vs $1,965.90 at the end of August 2023
Highest close$1,967.101 September 2023
Lowest close$1,866.1029 September 2023

Gold price chart, September 2023 (daily close and high-low range, US$ per ounce)

$1,875$1,900$1,925$1,950$1,9751681214182022262829high close $1,967.10low close $1,866.10
$1,900$1,9501814202629$1,967.10$1,866.10

Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2023 close ($1,965.90).

Daily gold prices in September 2023 (20 trading days)

Daily gold prices, September 2023
DateOpenHighLowCloseChange% change
Fri 1 Sep$1,966.40$1,980.20$1,960.70$1,967.10+$1.20+0.06%
Tue 5 Sep$1,966.70$1,972.60$1,950.60$1,952.60−$14.50−0.74%
Wed 6 Sep$1,951.50$1,954.50$1,940.00$1,944.20−$8.40−0.43%
Thu 7 Sep$1,942.20$1,947.90$1,940.30$1,942.50−$1.70−0.09%
Fri 8 Sep$1,943.80$1,954.00$1,940.80$1,942.70+$0.20+0.01%
Mon 11 Sep$1,943.30$1,954.60$1,939.50$1,947.20+$4.50+0.23%
Tue 12 Sep$1,945.60$1,947.50$1,929.90$1,935.10−$12.10−0.62%
Wed 13 Sep$1,935.20$1,938.40$1,927.20$1,932.50−$2.60−0.13%
Thu 14 Sep$1,930.70$1,934.50$1,921.70$1,932.80+$0.30+0.02%
Fri 15 Sep best day$1,932.50$1,952.40$1,931.20$1,946.20+$13.40+0.69%
Mon 18 Sep$1,945.70$1,955.70$1,943.80$1,953.40+$7.20+0.37%
Tue 19 Sep$1,955.30$1,958.90$1,950.90$1,953.70+$0.30+0.02%
Wed 20 Sep$1,953.00$1,968.90$1,948.60$1,967.10+$13.40+0.69%
Thu 21 Sep$1,952.00$1,952.20$1,933.10$1,939.60−$27.50−1.40%
Fri 22 Sep$1,939.60$1,949.10$1,939.60$1,945.60+$6.00+0.31%
Mon 25 Sep$1,944.70$1,946.80$1,933.80$1,936.60−$9.00−0.46%
Tue 26 Sep$1,935.10$1,935.50$1,917.20$1,919.80−$16.80−0.87%
Wed 27 Sep worst day$1,918.80$1,921.70$1,890.30$1,890.90−$28.90−1.51%
Thu 28 Sep$1,893.30$1,896.80$1,874.50$1,878.60−$12.30−0.65%
Fri 29 Sep$1,882.30$1,896.70$1,862.30$1,866.10−$12.50−0.67%

Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.

Monthly open, high, low and close

September 2023OpenHighLowCloseChange
Settlements$1,967.10$1,967.10$1,866.10$1,866.10−5.08%
Intraday$1,966.40$1,980.20 1 Sep$1,862.30 29 Sep$1,866.10—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2023 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.

Gold in September 2023: summary

Gold declined 5.08% in September 2023, closing the month at $1,866.10 an ounce against $1,965.90 at the end of August 2023. Settlement prices ranged from $1,866.10 on 29 September 2023 to $1,967.10 on 1 September 2023, a spread of $101.00 (5.1%), narrower than the 5.4% average of the previous 12 months. Gold closed higher on 9 of 20 trading days and lower on 11; the strongest session was 15 September 2023 (+0.69%) and the weakest 27 September 2023 (−1.51%).

That was the biggest monthly fall since June 2021.

How September 2023 compares

  • Against other Septembers: at −5.08%, September 2023 ranks 24th of 27 Septembers since 2000 (best first).
  • Against every month: it ranks 285th of 313 months since September 2000, better than 9% of them.
  • Range: the gap between the highest and lowest close was $101.00, or 5.1% of the opening level, 1.0× the 5.4% average of the previous 12 months.
  • Daily moves: the average day moved 0.50% (up or down), against 0.67% over the previous 12 months, so September 2023 was calmer than usual.
  • Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 5 days.
  • Bigger picture: at the month-end close gold was +2.18% for 2023 to the end of September and +11.61% over 12 months (against the September 2022 close of $1,672.00).
  • Average price: the mean of the 20 daily closes was $1,934.71; the World Bank's monthly average of the London (LBMA) price was $1,916.00.

Across the other 26 completed Septembers since 2000, gold averaged +0.64% and rose in 13 of them (50%). September 2023 lagged that average by 5.7 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.

September 2023 in today's dollars

Adjusted for US consumer-price inflation, the $1,866.10 closing price equals about $2,042 in September 2026 dollars (CPI 307.3 in September 2023 against 336.3 in September 2026, FRED series CPIAUCSL), 9% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.

Gold price by month in 2023

The gold price in 2023 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.

Frequently asked questions

What was the gold price in September 2023?

Gold closed September 2023 at $1,866.10 an ounce (COMEX settlement). It opened the month at $1,967.10 and averaged $1,934.71 across 20 trading days; the World Bank’s London average for the month was $1,916.00.

Did gold go up in September 2023?

No. Gold was down 5.08% in September 2023, from $1,965.90 at the end of August 2023 to $1,866.10. It closed higher on 9 of 20 days. Among Septembers since 2000 it ranks 24th of 27 (best first).

What was the highest gold price in September 2023?

The highest close was $1,967.10 on 1 September 2023. The highest intraday price in the daily bars was $1,980.20 on 1 September 2023.

What was the lowest gold price in September 2023?

The lowest close was $1,866.10 on 29 September 2023, $101.00 (5.1%) below the month’s highest close. The lowest intraday price was $1,862.30 on 29 September 2023.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.