Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 4 May 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,706.90 per troy ounce on 4 May 2020, down $30.00 (1.73%) from the previous close of $1,736.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 9.63% 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 $1,279.20, making this a +33.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,706.90 per troy ounce on 4 May 2020. That is $30.00 lower than the previous close of $1,736.90, a move of -1.73%.
The gold price fell on 4 May 2020, losing $30.00 (1.73%) against the previous session's close of $1,736.90.
At $1,706.90 per troy ounce, one gram of pure gold was worth about $54.88 on 4 May 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 May 2020 18k gold was worth about $41.16 per gram and 14k about $32.01 per gram, against $54.88 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 115.9 on 4 May 2020, meaning one ounce of gold was worth roughly 115.9 ounces of silver.
A year before 4 May 2020, gold was around $1,279.20 per troy ounce. The close of $1,706.90 therefore represents a rise of 33.4% over twelve months.
It closed 9.63% below the highest close on record up to that date, which was set on 2011-08-22.