Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 2 May 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,653.40 per troy ounce on 2 May 2012, down $10.00 (0.60%) from the previous close of $1,663.40.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 12.46% 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 $1,556.70, making this a +6.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,653.40 per troy ounce on 2 May 2012. That is $10.00 lower than the previous close of $1,663.40, a move of -0.60%.
The gold price fell on 2 May 2012, losing $10.00 (0.60%) against the previous session's close of $1,663.40.
At $1,653.40 per troy ounce, one gram of pure gold was worth about $53.16 on 2 May 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2012 18k gold was worth about $39.87 per gram and 14k about $31.01 per gram, against $53.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.0 on 2 May 2012, meaning one ounce of gold was worth roughly 54.0 ounces of silver.
It closed 12.46% below the highest close on record up to that date, which was set on 2011-08-22.