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 September 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 22 August 2011
Gold closed at $1,873.70 per troy ounce on 2 September 2011, up $45.20 (2.47%) from the previous close of $1,828.50.
Notable session: highest close of the month.
This was a 2.47% move in one session — well beyond a typical day for gold. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
One of the ten highest gold closes of that year, ranking 2 of 246 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,251.50, making this a +49.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,873.70 per troy ounce on 2 September 2011. That is $45.20 higher than the previous close of $1,828.50, a move of 2.47%.
The gold price rose on 2 September 2011, gaining $45.20 (2.47%) against the previous session's close of $1,828.50.
At $1,873.70 per troy ounce, one gram of pure gold was worth about $60.24 on 2 September 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 September 2011 18k gold was worth about $45.18 per gram and 14k about $35.14 per gram, against $60.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.6 on 2 September 2011, meaning one ounce of gold was worth roughly 43.6 ounces of silver.
A week before 2 September 2011, gold was around $1,794.10 per troy ounce, so the close of $1,873.70 is a gain of 4.4% over the week.
A month before 2 September 2011, gold was around $1,641.90 per troy ounce, so the close of $1,873.70 is a gain of 14.1% over the month.
A year before 2 September 2011, gold was around $1,251.50 per troy ounce. The close of $1,873.70 therefore represents a rise of 49.7% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.79% below the highest close on record up to that date, which was set on 2011-08-22.