Distance from the record
This close sat 35.06% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 4 May 2017, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 16 March 2017
Gold closed at $1,226.50 per troy ounce on 4 May 2017, down $19.90 (1.60%) from the previous close of $1,246.40.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 35.06% 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 $1,273.30, making this a -3.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,226.50 per troy ounce on 4 May 2017. That is $19.90 lower than the previous close of $1,246.40, a move of -1.60%.
The gold price fell on 4 May 2017, losing $19.90 (1.60%) against the previous session's close of $1,246.40.
At $1,226.50 per troy ounce, one gram of pure gold was worth about $39.43 on 4 May 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 May 2017 18k gold was worth about $29.57 per gram and 14k about $23.00 per gram, against $39.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.5 on 4 May 2017, meaning one ounce of gold was worth roughly 75.5 ounces of silver.
A week before 4 May 2017, gold was around $1,263.70 per troy ounce, so the close of $1,226.50 is a loss of 2.9% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 35.06% below the highest close on record up to that date, which was set on 2011-08-22.