Gold price in December 2023: daily prices, high, low and change
Gold closed December 2023 at $2,071.80 an ounce, up 1.65% on the month. The highest close was $2,093.10 on 27 Dec and the lowest $1,993.20 on 12 Dec. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, December 2023 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = November 2023 close ($2,038.10); larger dots = new all-time-high closes.
Daily gold prices in December 2023 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Fri 1 Dec ATH, best day | $2,056.50 | $2,095.70 | $2,052.60 | $2,089.70 | +$51.60 | +2.53% |
| Mon 4 Dec worst day | $2,094.40 | $2,152.30 | $2,038.40 | $2,042.20 | −$47.50 | −2.27% |
| Tue 5 Dec | $2,049.00 | $2,059.60 | $2,027.60 | $2,036.30 | −$5.90 | −0.29% |
| Wed 6 Dec | $2,037.80 | $2,053.40 | $2,035.30 | $2,047.90 | +$11.60 | +0.57% |
| Thu 7 Dec | $2,043.40 | $2,057.20 | $2,036.60 | $2,046.40 | −$1.50 | −0.07% |
| Fri 8 Dec | $2,045.70 | $2,050.40 | $2,010.60 | $2,014.50 | −$31.90 | −1.56% |
| Mon 11 Dec | $2,020.00 | $2,023.70 | $1,991.20 | $1,993.70 | −$20.80 | −1.03% |
| Tue 12 Dec | $1,997.80 | $2,012.50 | $1,992.30 | $1,993.20 | −$0.50 | −0.03% |
| Wed 13 Dec | $1,995.10 | $2,043.30 | $1,987.90 | $1,997.30 | +$4.10 | +0.21% |
| Thu 14 Dec | $2,043.20 | $2,062.90 | $2,039.10 | $2,044.90 | +$47.60 | +2.38% |
| Fri 15 Dec | $2,051.30 | $2,059.60 | $2,029.20 | $2,035.70 | −$9.20 | −0.45% |
| Mon 18 Dec | $2,033.30 | $2,048.00 | $2,029.50 | $2,040.50 | +$4.80 | +0.24% |
| Tue 19 Dec | $2,041.10 | $2,061.00 | $2,034.80 | $2,052.10 | +$11.60 | +0.57% |
| Wed 20 Dec | $2,053.80 | $2,056.90 | $2,040.60 | $2,047.70 | −$4.40 | −0.21% |
| Thu 21 Dec | $2,044.40 | $2,058.00 | $2,043.30 | $2,051.30 | +$3.60 | +0.18% |
| Fri 22 Dec | $2,061.20 | $2,083.00 | $2,058.20 | $2,069.10 | +$17.80 | +0.87% |
| Tue 26 Dec | $2,066.00 | $2,080.50 | $2,065.10 | $2,069.80 | +$0.70 | +0.03% |
| Wed 27 Dec ATH | $2,079.30 | $2,095.80 | $2,072.80 | $2,093.10 | +$23.30 | +1.13% |
| Thu 28 Dec | $2,089.50 | $2,098.20 | $2,074.60 | $2,083.50 | −$9.60 | −0.46% |
| Fri 29 Dec | $2,076.10 | $2,084.10 | $2,067.60 | $2,071.80 | −$11.70 | −0.56% |
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
| December 2023 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $2,089.70 | $2,093.10 | $1,993.20 | $2,071.80 | +1.65% |
| Intraday | $2,056.50 | $2,152.30 4 Dec | $1,987.90 13 Dec | $2,071.80 | — |
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 December 2023: summary
Gold set 2 new all-time-high closes in December 2023, the highest at $2,093.10 on 27 December 2023, the first record close since 6 August 2020 (3.3 years earlier). Gold inched higher 1.65% in December 2023, from $2,038.10 at the end of November 2023 to $2,071.80 an ounce. Settlement prices ranged from $1,993.20 on 12 December 2023 to $2,093.10 on 27 December 2023, a spread of $99.90 (4.9%), narrower than the 5.3% average of the previous 12 months. Gold closed higher on 10 of 20 trading days and lower on 10; the strongest session was 1 December 2023 (+2.53%) and the weakest 4 December 2023 (−2.27%).
It was gold's 3rd monthly gain in a row.
How December 2023 compares
- Against other Decembers: at +1.65%, December 2023 ranks 15th of 26 Decembers since 2000 (best first).
- Against every month: it ranks 140th of 313 months since September 2000, better than 55% of them.
- Range: the gap between the highest and lowest close was $99.90, or 4.9% of the opening level, 0.9× the 5.3% average of the previous 12 months.
- Daily moves: the average day moved 0.78% (up or down), against 0.63% over the previous 12 months, so December 2023 was more volatile than usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +13.45% for 2023 to the end of December and +13.45% over 12 months (against the December 2022 close of $1,826.20).
- Average price: the mean of the 20 daily closes was $2,046.04; the World Bank's monthly average of the London (LBMA) price was $2,026.00.
Across the other 25 completed Decembers since 2000, gold averaged +1.44% and rose in 16 of them (64%). December 2023 beat that average by 0.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Decembers side by side.
December 2023 in today's dollars
Adjusted for US consumer-price inflation, the $2,071.80 closing price equals about $2,257 in September 2026 dollars (CPI 308.7 in December 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 December 2023?
Gold closed December 2023 at $2,071.80 an ounce (COMEX settlement). It opened the month at $2,089.70 and averaged $2,046.04 across 20 trading days; the World Bank’s London average for the month was $2,026.00.
Did gold go up in December 2023?
Yes. Gold was up 1.65% in December 2023, from $2,038.10 at the end of November 2023 to $2,071.80. It closed higher on 10 of 20 days. Among Decembers since 2000 it ranks 15th of 26 (best first).
What was the highest gold price in December 2023?
The highest close was $2,093.10 on 27 December 2023. The highest intraday price in the daily bars was $2,152.30 on 4 December 2023. It was a new all-time-high close.
What was the lowest gold price in December 2023?
The lowest close was $1,993.20 on 12 December 2023, $99.90 (4.9%) below the month’s highest close. The lowest intraday price was $1,987.90 on 13 December 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.