Distance from the record
This close sat 35.58% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 2 February 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,216.70 per troy ounce on 2 February 2017, down $35.90 (2.87%) from the previous close of $1,252.60.
Notable session: lowest close of the month.
Gold lost 2.87% 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 35.58% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,127.30, making this a +7.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,216.70 per troy ounce on 2 February 2017. That is $35.90 lower than the previous close of $1,252.60, a move of -2.87%.
The gold price fell on 2 February 2017, losing $35.90 (2.87%) against the previous session's close of $1,252.60.
At $1,216.70 per troy ounce, one gram of pure gold was worth about $39.12 on 2 February 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 February 2017 18k gold was worth about $29.34 per gram and 14k about $22.82 per gram, against $39.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.9 on 2 February 2017, meaning one ounce of gold was worth roughly 69.9 ounces of silver.
A week before 2 February 2017, gold was around $1,189.50 per troy ounce, so the close of $1,216.70 is a gain of 2.3% over the week.
A month before 2 February 2017, gold was around $1,150.00 per troy ounce, so the close of $1,216.70 is a gain of 5.8% over the month.
It closed 35.58% below the highest close on record up to that date, which was set on 2011-08-22.