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 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,322.10 per troy ounce on 2 September 2016, up $8.800 (0.67%) from the previous close of $1,313.30.
No earlier session that month closed above this level.
This close sat 30.00% 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 $1,132.50, making this a +16.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,322.10 per troy ounce on 2 September 2016. That is $8.80 higher than the previous close of $1,313.30, a move of 0.67%.
The gold price rose on 2 September 2016, gaining $8.80 (0.67%) against the previous session's close of $1,313.30.
At $1,322.10 per troy ounce, one gram of pure gold was worth about $42.51 on 2 September 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 September 2016 18k gold was worth about $31.88 per gram and 14k about $24.80 per gram, against $42.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.6 on 2 September 2016, meaning one ounce of gold was worth roughly 68.6 ounces of silver.
A year before 2 September 2016, gold was around $1,132.50 per troy ounce. The close of $1,322.10 therefore represents a rise of 16.7% over twelve months.
It closed 30.00% below the highest close on record up to that date, which was set on 2011-08-22.