Distance from the record
This close sat 14.17% 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 December 2021, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 October 2021
Gold closed at $1,760.70 per troy ounce on 2 December 2021, down $66.80 (3.66%) from the previous close of $1,827.50.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 3.66% 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 14.17% 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 $1,825.70, making this a -3.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,760.70 per troy ounce on 2 December 2021. That is $66.80 lower than the previous close of $1,827.50, a move of -3.66%.
The gold price fell on 2 December 2021, losing $66.80 (3.66%) against the previous session's close of $1,827.50.
At $1,760.70 per troy ounce, one gram of pure gold was worth about $56.61 on 2 December 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 December 2021 18k gold was worth about $42.46 per gram and 14k about $33.02 per gram, against $56.61 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.0 on 2 December 2021, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
It closed 14.17% below the highest close on record up to that date, which was set on 2020-08-06.