Distance from the record
This close sat 2.87% below the highest gold close recorded up to that date, set on 2000-09-27.
This page is a historical record of the gold price in 5 December 2000, not the current price.See today's gold price (11 September 2026)
Gold closed at $270.40 per troy ounce on 5 December 2000, down $0.300 (0.11%) from the previous close of $270.70.
Gold barely moved, closing within 0.11% 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 2.87% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $270.40 per troy ounce on 5 December 2000. That is $0.30 lower than the previous close of $270.70, a move of -0.11%.
The gold price fell on 5 December 2000, losing $0.30 (0.11%) against the previous session's close of $270.70.
At $270.40 per troy ounce, one gram of pure gold was worth about $8.69 on 5 December 2000. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2000 18k gold was worth about $6.52 per gram and 14k about $5.07 per gram, against $8.69 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 57.5 on 5 December 2000, meaning one ounce of gold was worth roughly 57.5 ounces of silver.
It closed 2.87% below the highest close on record up to that date, which was set on 2000-09-27.