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 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,310.70 per troy ounce on 3 May 2018, up $8.100 (0.62%) from the previous close of $1,302.60.
No earlier session that month closed above this level.
This close sat 30.60% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,246.40, making this a +5.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,310.70 per troy ounce on 3 May 2018. That is $8.10 higher than the previous close of $1,302.60, a move of 0.62%.
The gold price rose on 3 May 2018, gaining $8.10 (0.62%) against the previous session's close of $1,302.60.
At $1,310.70 per troy ounce, one gram of pure gold was worth about $42.14 on 3 May 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 May 2018 18k gold was worth about $31.60 per gram and 14k about $24.58 per gram, against $42.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.1 on 3 May 2018, meaning one ounce of gold was worth roughly 80.1 ounces of silver.
It closed 30.60% below the highest close on record up to that date, which was set on 2011-08-22.