Distance from the record
This close sat 3.51% below the highest gold close recorded up to that date, set on 2009-10-01.
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This page is a historical record of the gold price in 2 October 2009, not the current price.See today's gold price (11 September 2026)
Gold falls 3.5% in a single session
Gold closed at $1,003.20 per troy ounce on 2 October 2009, down $36.50 (3.51%) from the previous close of $1,039.70.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 3.51% 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 3.51% below the highest gold close recorded up to that date, set on 2009-10-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $839.00, making this a +19.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,003.20 per troy ounce on 2 October 2009. That is $36.50 lower than the previous close of $1,039.70, a move of -3.51%.
The gold price fell on 2 October 2009, losing $36.50 (3.51%) against the previous session's close of $1,039.70.
At $1,003.20 per troy ounce, one gram of pure gold was worth about $32.25 on 2 October 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2009 18k gold was worth about $24.19 per gram and 14k about $18.81 per gram, against $32.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.9 on 2 October 2009, meaning one ounce of gold was worth roughly 61.9 ounces of silver.
A year before 2 October 2009, gold was around $839.00 per troy ounce. The close of $1,003.20 therefore represents a rise of 19.6% over twelve months.
It closed 3.51% below the highest close on record up to that date, which was set on 2009-10-01.