Distance from the record
This close sat 4.14% below the highest gold close recorded up to that date, set on 2024-04-19.
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This page is a historical record of the gold price in 3 May 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,299.00 per troy ounce on 3 May 2024, down $0.200 (0.01%) from the previous close of $2,299.20.
Notable session: lowest close of the month.
Gold barely moved, closing within 0.01% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 4.14% below the highest gold close recorded up to that date, set on 2024-04-19.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,028.60, making this a +13.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,299.00 per troy ounce on 3 May 2024. That is $0.20 lower than the previous close of $2,299.20, a move of -0.01%.
The gold price fell on 3 May 2024, losing $0.20 (0.01%) against the previous session's close of $2,299.20.
At $2,299.00 per troy ounce, one gram of pure gold was worth about $73.91 on 3 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 May 2024 18k gold was worth about $55.44 per gram and 14k about $43.12 per gram, against $73.91 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.9 on 3 May 2024, meaning one ounce of gold was worth roughly 86.9 ounces of silver.
A year before 3 May 2024, gold was around $2,028.60 per troy ounce. The close of $2,299.00 therefore represents a rise of 13.3% over twelve months.
It closed 4.14% below the highest close on record up to that date, which was set on 2024-04-19.