Lowest closing price since 22 August 2024
Gold closed at $2,489.90 per troy ounce on 3 September 2024, down $3.900 (0.16%) from the previous close of $2,493.80.
Notable session: lowest close of the month.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,848.10, making this a +34.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,489.90 per troy ounce on 3 September 2024. That is $3.90 lower than the previous close of $2,493.80, a move of -0.16%.
The gold price fell on 3 September 2024, losing $3.90 (0.16%) against the previous session's close of $2,493.80.
At $2,489.90 per troy ounce, one gram of pure gold was worth about $80.05 on 3 September 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 September 2024 18k gold was worth about $60.04 per gram and 14k about $46.70 per gram, against $80.05 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 3 September 2024, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
A week before 3 September 2024, gold was around $2,516.00 per troy ounce, so the close of $2,489.90 is a loss of 1.0% over the week.
A month before 3 September 2024, gold was around $2,425.70 per troy ounce, so the close of $2,489.90 is a gain of 2.6% over the month.
A year before 3 September 2024, gold was around $1,848.10 per troy ounce. The close of $2,489.90 therefore represents a rise of 34.7% over twelve months.