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Gold closed at $2,634.90 per troy ounce on 2 December 2024, down $22.10 (0.83%) from the previous close of $2,657.00.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,062.40, making this a +27.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,634.90 per troy ounce on 2 December 2024. That is $22.10 lower than the previous close of $2,657.00, a move of -0.83%.
The gold price fell on 2 December 2024, losing $22.10 (0.83%) against the previous session's close of $2,657.00.
At $2,634.90 per troy ounce, one gram of pure gold was worth about $84.71 on 2 December 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 December 2024 18k gold was worth about $63.54 per gram and 14k about $49.42 per gram, against $84.71 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.5 on 2 December 2024, meaning one ounce of gold was worth roughly 86.5 ounces of silver.
A week before 2 December 2024, gold was around $2,616.80 per troy ounce, so the close of $2,634.90 is a gain of 0.7% over the week.
A month before 2 December 2024, gold was around $2,657.00 per troy ounce, so the close of $2,634.90 is a loss of 0.8% over the month.
A year before 2 December 2024, gold was around $2,062.40 per troy ounce. The close of $2,634.90 therefore represents a rise of 27.8% over twelve months.