Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 3 May 2023, not the current price.See today's gold price (11 September 2026)
Highest closing price since 13 April 2023
Gold closed at $2,028.60 per troy ounce on 3 May 2023, up $14.30 (0.71%) from the previous close of $2,014.30.
No earlier session that month closed above this level.
This close sat 1.12% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,868.80, making this a +8.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,028.60 per troy ounce on 3 May 2023. That is $14.30 higher than the previous close of $2,014.30, a move of 0.71%.
The gold price rose on 3 May 2023, gaining $14.30 (0.71%) against the previous session's close of $2,014.30.
At $2,028.60 per troy ounce, one gram of pure gold was worth about $65.22 on 3 May 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 May 2023 18k gold was worth about $48.92 per gram and 14k about $38.05 per gram, against $65.22 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.6 on 3 May 2023, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A week before 3 May 2023, gold was around $1,985.70 per troy ounce, so the close of $2,028.60 is a gain of 2.2% over the week.
It closed 1.12% below the highest close on record up to that date, which was set on 2020-08-06.