Gold falls 3.2% in a single session
Gold closed at $4,186.60 per troy ounce on 2 December 2025, down $139.00 (3.21%) from the previous close of $4,325.60.
Notable session: lowest close of the month; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,634.90, making this a +58.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,186.60 per troy ounce on 2 December 2025. That is $139.00 lower than the previous close of $4,325.60, a move of -3.21%.
The gold price fell on 2 December 2025, losing $139.00 (3.21%) against the previous session's close of $4,325.60.
At $4,186.60 per troy ounce, one gram of pure gold was worth about $134.60 on 2 December 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 December 2025 18k gold was worth about $100.95 per gram and 14k about $78.52 per gram, against $134.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.2 on 2 December 2025, meaning one ounce of gold was worth roughly 72.2 ounces of silver.
A week before 2 December 2025, gold was around $4,139.20 per troy ounce, so the close of $4,186.60 is a gain of 1.1% over the week.
A month before 2 December 2025, gold was around $4,218.30 per troy ounce, so the close of $4,186.60 is a loss of 0.8% over the month.
A year before 2 December 2025, gold was around $2,634.90 per troy ounce. The close of $4,186.60 therefore represents a rise of 58.9% over twelve months.