Distance from the record
This close sat 2.29% below the highest gold close recorded up to that date, set on 2010-12-01.
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This page is a historical record of the gold price in 2 December 2010, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,388.50 per troy ounce on 2 December 2010, down $32.60 (2.29%) from the previous close of $1,421.10.
Gold lost 2.29% 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 2.29% below the highest gold close recorded up to that date, set on 2010-12-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,212.00, making this a +14.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,388.50 per troy ounce on 2 December 2010. That is $32.60 lower than the previous close of $1,421.10, a move of -2.29%.
The gold price fell on 2 December 2010, losing $32.60 (2.29%) against the previous session's close of $1,421.10.
At $1,388.50 per troy ounce, one gram of pure gold was worth about $44.64 on 2 December 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 December 2010 18k gold was worth about $33.48 per gram and 14k about $26.04 per gram, against $44.64 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 48.6 on 2 December 2010, meaning one ounce of gold was worth roughly 48.6 ounces of silver.
A year before 2 December 2010, gold was around $1,212.00 per troy ounce. The close of $1,388.50 therefore represents a rise of 14.6% over twelve months.
It closed 2.29% below the highest close on record up to that date, which was set on 2010-12-01.