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 3 May 2001, not the current price.See today's gold price (11 September 2026)
Highest closing price since 13 March 2001
Gold closed at $266.30 per troy ounce on 3 May 2001, up $0.900 (0.34%) from the previous close of $265.40.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 4.35% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $266.30 per troy ounce on 3 May 2001. That is $0.90 higher than the previous close of $265.40, a move of 0.34%.
The gold price rose on 3 May 2001, gaining $0.90 (0.34%) against the previous session's close of $265.40.
At $266.30 per troy ounce, one gram of pure gold was worth about $8.56 on 3 May 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 May 2001 18k gold was worth about $6.42 per gram and 14k about $4.99 per gram, against $8.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.5 on 3 May 2001, meaning one ounce of gold was worth roughly 61.5 ounces of silver.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.35% below the highest close on record up to that date, which was set on 2000-09-27.