Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 2 July 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 December 2017
Gold closed at $1,239.80 per troy ounce on 2 July 2018, down $11.50 (0.92%) from the previous close of $1,251.30.
No earlier session that month closed above this level.
This close sat 34.36% 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 $1,240.70, making this a -0.07% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,239.80 per troy ounce on 2 July 2018. That is $11.50 lower than the previous close of $1,251.30, a move of -0.92%.
The gold price fell on 2 July 2018, losing $11.50 (0.92%) against the previous session's close of $1,251.30.
At $1,239.80 per troy ounce, one gram of pure gold was worth about $39.86 on 2 July 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 July 2018 18k gold was worth about $29.90 per gram and 14k about $23.25 per gram, against $39.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.7 on 2 July 2018, meaning one ounce of gold was worth roughly 78.7 ounces of silver.
A week before 2 July 2018, gold was around $1,265.60 per troy ounce, so the close of $1,239.80 is a loss of 2.0% over the week.
It closed 34.36% below the highest close on record up to that date, which was set on 2011-08-22.