Distance from the record
This close sat 32.77% 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 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,269.70 per troy ounce on 2 May 2019, down $36.10 (2.76%) from the previous close of $1,305.80.
Notable session: lowest close of the month.
Gold lost 2.76% 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 32.77% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 252 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,302.60, making this a -2.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,269.70 per troy ounce on 2 May 2019. That is $36.10 lower than the previous close of $1,305.80, a move of -2.76%.
The gold price fell on 2 May 2019, losing $36.10 (2.76%) against the previous session's close of $1,305.80.
At $1,269.70 per troy ounce, one gram of pure gold was worth about $40.82 on 2 May 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2019 18k gold was worth about $30.62 per gram and 14k about $23.81 per gram, against $40.82 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.3 on 2 May 2019, meaning one ounce of gold was worth roughly 87.3 ounces of silver.
It closed 32.77% below the highest close on record up to that date, which was set on 2011-08-22.