Distance from the record
This close sat 4.14% below the highest gold close recorded up to that date, set on 2024-04-19.
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This page is a historical record of the gold price in 2 May 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,299.20 per troy ounce on 2 May 2024, down $23.70 (1.02%) from the previous close of $2,322.90.
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 4.14% below the highest gold close recorded up to that date, set on 2024-04-19.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,014.30, making this a +14.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,299.20 per troy ounce on 2 May 2024. That is $23.70 lower than the previous close of $2,322.90, a move of -1.02%.
The gold price fell on 2 May 2024, losing $23.70 (1.02%) against the previous session's close of $2,322.90.
At $2,299.20 per troy ounce, one gram of pure gold was worth about $73.92 on 2 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 May 2024 18k gold was worth about $55.44 per gram and 14k about $43.12 per gram, against $73.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.5 on 2 May 2024, meaning one ounce of gold was worth roughly 86.5 ounces of silver.
A year before 2 May 2024, gold was around $2,014.30 per troy ounce. The close of $2,299.20 therefore represents a rise of 14.1% over twelve months.
It closed 4.14% below the highest close on record up to that date, which was set on 2024-04-19.