Distance from the record
This close sat 4.56% below the highest gold close recorded up to that date, set on 2024-05-20.
Loading…
This page is a historical record of the gold price in 2 July 2024, not the current price.See today's gold price (11 September 2026)
Gold falls 4.3% in a single session
Gold closed at $2,323.00 per troy ounce on 2 July 2024, down $103.50 (4.27%) from the previous close of $2,426.50.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 4.27% 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 4.56% below the highest gold close recorded up to that date, set on 2024-05-20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,921.10, making this a +20.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,323.00 per troy ounce on 2 July 2024. That is $103.50 lower than the previous close of $2,426.50, a move of -4.27%.
The gold price fell on 2 July 2024, losing $103.50 (4.27%) against the previous session's close of $2,426.50.
At $2,323.00 per troy ounce, one gram of pure gold was worth about $74.69 on 2 July 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 July 2024 18k gold was worth about $56.01 per gram and 14k about $43.57 per gram, against $74.69 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.1 on 2 July 2024, meaning one ounce of gold was worth roughly 79.1 ounces of silver.
A year before 2 July 2024, gold was around $1,921.10 per troy ounce. The close of $2,323.00 therefore represents a rise of 20.9% over twelve months.
It closed 4.56% below the highest close on record up to that date, which was set on 2024-05-20.