Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 4 October 2010, not the current price.See today's gold price (11 September 2026)
Gold falls 3.1% in a single session
Gold closed at $1,315.40 per troy ounce on 4 October 2010, down $41.70 (3.07%) from the previous close of $1,357.10.
Notable session: lowest close of the month; moved more than 3% in a session.
Gold lost 3.07% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 3.07% below the highest gold close recorded up to that date, set on 2010-10-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,003.20, making this a +31.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,315.40 per troy ounce on 4 October 2010. That is $41.70 lower than the previous close of $1,357.10, a move of -3.07%.
The gold price fell on 4 October 2010, losing $41.70 (3.07%) against the previous session's close of $1,357.10.
At $1,315.40 per troy ounce, one gram of pure gold was worth about $42.29 on 4 October 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 October 2010 18k gold was worth about $31.72 per gram and 14k about $24.67 per gram, against $42.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.8 on 4 October 2010, meaning one ounce of gold was worth roughly 59.8 ounces of silver.
A month before 4 October 2010, gold was around $1,249.20 per troy ounce, so the close of $1,315.40 is a gain of 5.3% over the month.
A year before 4 October 2010, gold was around $1,003.20 per troy ounce. The close of $1,315.40 therefore represents a rise of 31.1% over twelve months.
It closed 3.07% below the highest close on record up to that date, which was set on 2010-10-01.