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 2022, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 15 February 2022
Gold closed at $1,861.80 per troy ounce on 2 May 2022, down $47.50 (2.49%) from the previous close of $1,909.30.
Gold lost 2.49% 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.
No earlier session that month closed above this level.
This close sat 9.25% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,767.30, making this a +5.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,861.80 per troy ounce on 2 May 2022. That is $47.50 lower than the previous close of $1,909.30, a move of -2.49%.
The gold price fell on 2 May 2022, losing $47.50 (2.49%) against the previous session's close of $1,909.30.
At $1,861.80 per troy ounce, one gram of pure gold was worth about $59.86 on 2 May 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2022 18k gold was worth about $44.89 per gram and 14k about $34.92 per gram, against $59.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 82.6 on 2 May 2022, meaning one ounce of gold was worth roughly 82.6 ounces of silver.
It closed 9.25% below the highest close on record up to that date, which was set on 2020-08-06.