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Gold falls 3.6% in a single session
Gold closed at $3,839.70 per troy ounce on 2 October 2025, down $142.50 (3.58%) from the previous close of $3,982.20.
Notable session: lowest close of the month; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,647.10, making this a +45.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,839.70 per troy ounce on 2 October 2025. That is $142.50 lower than the previous close of $3,982.20, a move of -3.58%.
The gold price fell on 2 October 2025, losing $142.50 (3.58%) against the previous session's close of $3,982.20.
At $3,839.70 per troy ounce, one gram of pure gold was worth about $123.45 on 2 October 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2025 18k gold was worth about $92.59 per gram and 14k about $72.01 per gram, against $123.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.5 on 2 October 2025, meaning one ounce of gold was worth roughly 83.5 ounces of silver.
A week before 2 October 2025, gold was around $3,736.90 per troy ounce, so the close of $3,839.70 is a gain of 2.8% over the week.
A month before 2 October 2025, gold was around $3,549.40 per troy ounce, so the close of $3,839.70 is a gain of 8.2% over the month.
A year before 2 October 2025, gold was around $2,647.10 per troy ounce. The close of $3,839.70 therefore represents a rise of 45.1% over twelve months.