Distance from the record
This close sat 5.03% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 2 November 2000, not the current price.See today's gold price (11 September 2026)
Gold closed at $264.40 per troy ounce on 2 November 2000, down $5.700 (2.11%) from the previous close of $270.10.
Gold lost 2.11% 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 5.03% below the highest gold close recorded up to that date, set on 2000-09-27.
One of the ten lowest gold closes of that year, ranking 80 of 84 sessions.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $264.40 per troy ounce on 2 November 2000. That is $5.70 lower than the previous close of $270.10, a move of -2.11%.
The gold price fell on 2 November 2000, losing $5.70 (2.11%) against the previous session's close of $270.10.
At $264.40 per troy ounce, one gram of pure gold was worth about $8.50 on 2 November 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 November 2000 18k gold was worth about $6.38 per gram and 14k about $4.96 per gram, against $8.50 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.1 on 2 November 2000, meaning one ounce of gold was worth roughly 56.1 ounces of silver.
It closed 5.03% below the highest close on record up to that date, which was set on 2000-09-27.