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 May 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,302.60 per troy ounce on 2 May 2018, up $2.500 (0.19%) from the previous close of $1,300.10.
No earlier session that month closed above this level.
This close sat 31.03% 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 $1,255.10, making this a +3.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,302.60 per troy ounce on 2 May 2018. That is $2.50 higher than the previous close of $1,300.10, a move of 0.19%.
The gold price rose on 2 May 2018, gaining $2.50 (0.19%) against the previous session's close of $1,300.10.
At $1,302.60 per troy ounce, one gram of pure gold was worth about $41.88 on 2 May 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2018 18k gold was worth about $31.41 per gram and 14k about $24.43 per gram, against $41.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.0 on 2 May 2018, meaning one ounce of gold was worth roughly 80.0 ounces of silver.
It closed 31.03% below the highest close on record up to that date, which was set on 2011-08-22.