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Lowest closing price since 1 June 2024
Gold closed at $2,425.70 per troy ounce on 2 August 2024, down $68.10 (2.73%) from the previous close of $2,493.80.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,938.20, making this a +25.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,425.70 per troy ounce on 2 August 2024. That is $68.10 lower than the previous close of $2,493.80, a move of -2.73%.
The gold price fell on 2 August 2024, losing $68.10 (2.73%) against the previous session's close of $2,493.80.
At $2,425.70 per troy ounce, one gram of pure gold was worth about $77.99 on 2 August 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 August 2024 18k gold was worth about $58.49 per gram and 14k about $45.49 per gram, against $77.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.9 on 2 August 2024, meaning one ounce of gold was worth roughly 85.9 ounces of silver.
A week before 2 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,425.70 is a loss of 0.0% over the week.
A month before 2 August 2024, gold was around $2,426.50 per troy ounce, so the close of $2,425.70 is a loss of 0.0% over the month.
A year before 2 August 2024, gold was around $1,938.20 per troy ounce. The close of $2,425.70 therefore represents a rise of 25.2% over twelve months.