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Lowest closing price since 16 January 2026
Gold closed at $4,622.50 per troy ounce on 2 February 2026, down $91.40 (1.94%) from the previous close of $4,713.90.
Notable session: lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,836.80, making this a +62.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,622.50 per troy ounce on 2 February 2026. That is $91.40 lower than the previous close of $4,713.90, a move of -1.94%.
The gold price fell on 2 February 2026, losing $91.40 (1.94%) against the previous session's close of $4,713.90.
At $4,622.50 per troy ounce, one gram of pure gold was worth about $148.62 on 2 February 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 February 2026 18k gold was worth about $111.46 per gram and 14k about $86.69 per gram, against $148.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.2 on 2 February 2026, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 2 February 2026, gold was around $5,079.70 per troy ounce, so the close of $4,622.50 is a loss of 9.0% over the week.
A month before 2 February 2026, gold was around $4,314.40 per troy ounce, so the close of $4,622.50 is a gain of 7.1% over the month.
A year before 2 February 2026, gold was around $2,836.80 per troy ounce. The close of $4,622.50 therefore represents a rise of 62.9% over twelve months.