Distance from the record
This close sat 2.29% below the highest gold close recorded up to that date, set on 2023-12-27.
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This page is a historical record of the gold price in 3 January 2024, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 18 December 2023
Gold closed at $2,034.20 per troy ounce on 3 January 2024, down $30.20 (1.46%) from the previous close of $2,064.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 2.29% below the highest gold close recorded up to that date, set on 2023-12-27.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,839.70, making this a +10.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,034.20 per troy ounce on 3 January 2024. That is $30.20 lower than the previous close of $2,064.40, a move of -1.46%.
The gold price fell on 3 January 2024, losing $30.20 (1.46%) against the previous session's close of $2,064.40.
At $2,034.20 per troy ounce, one gram of pure gold was worth about $65.40 on 3 January 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 January 2024 18k gold was worth about $49.05 per gram and 14k about $38.15 per gram, against $65.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.7 on 3 January 2024, meaning one ounce of gold was worth roughly 88.7 ounces of silver.
A week before 3 January 2024, gold was around $2,081.90 per troy ounce, so the close of $2,034.20 is a loss of 2.3% over the week.
It closed 2.29% below the highest close on record up to that date, which was set on 2023-12-27.