Distance from the record
This close sat 11.81% 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 February 2022, not the current price.See today's gold price (11 September 2026)
Gold falls 4.7% in a single session
Gold closed at $1,809.20 per troy ounce on 2 February 2022, down $90.20 (4.75%) from the previous close of $1,899.40.
Notable session: moved more than 3% in a session.
Gold lost 4.75% 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 11.81% 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 $1,830.50, making this a -1.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,809.20 per troy ounce on 2 February 2022. That is $90.20 lower than the previous close of $1,899.40, a move of -4.75%.
The gold price fell on 2 February 2022, losing $90.20 (4.75%) against the previous session's close of $1,899.40.
At $1,809.20 per troy ounce, one gram of pure gold was worth about $58.17 on 2 February 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 February 2022 18k gold was worth about $43.63 per gram and 14k about $33.93 per gram, against $58.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.7 on 2 February 2022, meaning one ounce of gold was worth roughly 79.7 ounces of silver.
It closed 11.81% below the highest close on record up to that date, which was set on 2020-08-06.