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 October 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 8 August 2017
Gold closed at $1,272.70 per troy ounce on 2 October 2017, down $8.800 (0.69%) from the previous close of $1,281.50.
No earlier session that month closed above this level.
This close sat 32.62% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,313.30, making this a -3.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,272.70 per troy ounce on 2 October 2017. That is $8.80 lower than the previous close of $1,281.50, a move of -0.69%.
The gold price fell on 2 October 2017, losing $8.80 (0.69%) against the previous session's close of $1,281.50.
At $1,272.70 per troy ounce, one gram of pure gold was worth about $40.92 on 2 October 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2017 18k gold was worth about $30.69 per gram and 14k about $23.87 per gram, against $40.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.7 on 2 October 2017, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A week before 2 October 2017, gold was around $1,306.80 per troy ounce, so the close of $1,272.70 is a loss of 2.6% over the week.
It closed 32.62% below the highest close on record up to that date, which was set on 2011-08-22.