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Gold closed at $2,833.90 per troy ounce on 3 February 2025, down $2.900 (0.10%) from the previous close of $2,836.80.
Notable session: lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,045.70, making this a +38.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,833.90 per troy ounce on 3 February 2025. That is $2.90 lower than the previous close of $2,836.80, a move of -0.10%.
The gold price fell on 3 February 2025, losing $2.90 (0.10%) against the previous session's close of $2,836.80.
At $2,833.90 per troy ounce, one gram of pure gold was worth about $91.11 on 3 February 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 February 2025 18k gold was worth about $68.33 per gram and 14k about $53.15 per gram, against $91.11 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.5 on 3 February 2025, meaning one ounce of gold was worth roughly 87.5 ounces of silver.
A week before 3 February 2025, gold was around $2,737.50 per troy ounce, so the close of $2,833.90 is a gain of 3.5% over the week.
A month before 3 February 2025, gold was around $2,645.00 per troy ounce, so the close of $2,833.90 is a gain of 7.1% over the month.
A year before 3 February 2025, gold was around $2,045.70 per troy ounce. The close of $2,833.90 therefore represents a rise of 38.5% over twelve months.