Distance from the record
This close sat 28.20% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 3 August 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,356.10 per troy ounce on 3 August 2016, down $8.300 (0.61%) from the previous close of $1,364.40.
This close sat 28.20% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten highest gold closes of that year, ranking 7 of 248 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,089.40, making this a +24.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,356.10 per troy ounce on 3 August 2016. That is $8.30 lower than the previous close of $1,364.40, a move of -0.61%.
The gold price fell on 3 August 2016, losing $8.30 (0.61%) against the previous session's close of $1,364.40.
At $1,356.10 per troy ounce, one gram of pure gold was worth about $43.60 on 3 August 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 August 2016 18k gold was worth about $32.70 per gram and 14k about $25.43 per gram, against $43.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 3 August 2016, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 3 August 2016, gold was around $1,326.60 per troy ounce, so the close of $1,356.10 is a gain of 2.2% over the week.
A year before 3 August 2016, gold was around $1,089.40 per troy ounce. The close of $1,356.10 therefore represents a rise of 24.5% over twelve months.
It closed 28.20% below the highest close on record up to that date, which was set on 2011-08-22.