Distance from the record
This close sat 23.46% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 2 August 2019, not the current price.See today's gold price (11 September 2026)
Gold falls 4.8% in a single session
Gold closed at $1,445.60 per troy ounce on 2 August 2019, down $73.50 (4.84%) from the previous close of $1,519.10.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 4.84% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 23.46% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,210.60, making this a +19.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,445.60 per troy ounce on 2 August 2019. That is $73.50 lower than the previous close of $1,519.10, a move of -4.84%.
The gold price fell on 2 August 2019, losing $73.50 (4.84%) against the previous session's close of $1,519.10.
At $1,445.60 per troy ounce, one gram of pure gold was worth about $46.48 on 2 August 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 August 2019 18k gold was worth about $34.86 per gram and 14k about $27.11 per gram, against $46.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 2 August 2019, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A year before 2 August 2019, gold was around $1,210.60 per troy ounce. The close of $1,445.60 therefore represents a rise of 19.4% over twelve months.
It closed 23.46% below the highest close on record up to that date, which was set on 2011-08-22.