Distance from the record
This close sat 5.56% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 2 August 2023, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 11 July 2023
Gold closed at $1,937.40 per troy ounce on 2 August 2023, down $0.800 (0.04%) from the previous close of $1,938.20.
Gold barely moved, closing within 0.04% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 5.56% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,771.10, making this a +9.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,937.40 per troy ounce on 2 August 2023. That is $0.80 lower than the previous close of $1,938.20, a move of -0.04%.
The gold price fell on 2 August 2023, losing $0.80 (0.04%) against the previous session's close of $1,938.20.
At $1,937.40 per troy ounce, one gram of pure gold was worth about $62.29 on 2 August 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 August 2023 18k gold was worth about $46.72 per gram and 14k about $36.34 per gram, against $62.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.6 on 2 August 2023, meaning one ounce of gold was worth roughly 81.6 ounces of silver.
It closed 5.56% below the highest close on record up to that date, which was set on 2020-08-06.