Distance from the record
This close sat 33.55% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 2 May 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 April 2017
Gold closed at $1,255.10 per troy ounce on 2 May 2017, down $16.90 (1.33%) from the previous close of $1,272.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 33.55% 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 $1,294.70, making this a -3.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,255.10 per troy ounce on 2 May 2017. That is $16.90 lower than the previous close of $1,272.00, a move of -1.33%.
The gold price fell on 2 May 2017, losing $16.90 (1.33%) against the previous session's close of $1,272.00.
At $1,255.10 per troy ounce, one gram of pure gold was worth about $40.35 on 2 May 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2017 18k gold was worth about $30.26 per gram and 14k about $23.54 per gram, against $40.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.8 on 2 May 2017, meaning one ounce of gold was worth roughly 74.8 ounces of silver.
It closed 33.55% below the highest close on record up to that date, which was set on 2011-08-22.