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Gold falls 7.6% in a single session
Gold closed at $3,549.40 per troy ounce on 2 September 2025, down $291.40 (7.59%) from the previous close of $3,840.80.
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 $2,493.80, making this a +42.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,549.40 per troy ounce on 2 September 2025. That is $291.40 lower than the previous close of $3,840.80, a move of -7.59%.
The gold price fell on 2 September 2025, losing $291.40 (7.59%) against the previous session's close of $3,840.80.
At $3,549.40 per troy ounce, one gram of pure gold was worth about $114.12 on 2 September 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 September 2025 18k gold was worth about $85.59 per gram and 14k about $66.57 per gram, against $114.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.4 on 2 September 2025, meaning one ounce of gold was worth roughly 86.4 ounces of silver.
A week before 2 September 2025, gold was around $3,388.60 per troy ounce, so the close of $3,549.40 is a gain of 4.7% over the week.
A month before 2 September 2025, gold was around $3,473.70 per troy ounce, so the close of $3,549.40 is a gain of 2.2% over the month.
A year before 2 September 2025, gold was around $2,493.80 per troy ounce. The close of $3,549.40 therefore represents a rise of 42.3% over twelve months.