Gold rose 12.4% in US dollars in 2023, from US$1,835.05 to US$2,062.40 per ounce. The average price was US$1,941.67 per ounce, or €57.73 per gram in euros.
Gold price 2023, per troy ounce (daily closes)
Currency
Open
Close
High
Low
Average
Change
EUR
€1,742.01
€1,865.44
€1,902.83
€1,705.93
€1,795.64
+7.1%
USD
US$1,835.05
US$2,062.40
US$2,077.80
US$1,809.05
US$1,941.67
+12.4%
GBP
£1,540.16
£1,622.49
£1,647.13
£1,484.86
£1,561.87
+5.3%
Monthly average gold price 2023 (EUR)
Month
Per ounce
Per gram 24k
Per gram 18k
January
€1,760.54
€56.60
€42.45
February
€1,733.58
€55.74
€41.80
March
€1,782.92
€57.32
€42.99
April
€1,821.96
€58.58
€43.93
May
€1,834.20
€58.97
€44.23
June
€1,794.03
€57.68
€43.26
July
€1,763.15
€56.69
€42.51
August
€1,760.25
€56.59
€42.44
September
€1,795.42
€57.72
€43.29
October
€1,810.19
€58.20
€43.65
November
€1,836.33
€59.04
€44.28
December
€1,864.65
€59.95
€44.96
What the 2023 numbers mean for sellers
The gap between the year's high (US$2,077.80 on 2023-12-28) and low (US$1,809.05 on 2023-02-27) was 14.9%. For a 10 g 18k chain, that range is the difference between €411.35 and €458.83 at melt value in euros. Even so, the difference between a poor and a good buyer is usually larger than a year’s price swing. Read why the gold price changes or check today’s value with the scrap gold calculator.
Euro and pound figures for MetalflowAPI-native currencies are quoted directly. Data: daily closes from MetalflowAPI.