Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 5 February 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,025.70 per troy ounce on 5 February 2024, down $10.40 (0.51%) from the previous close of $2,036.10.
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 was the strongest close of the week up to that point.
This close sat 2.70% below the highest gold close recorded up to that date, set on 2023-12-27.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,862.90, making this a +8.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,025.70 per troy ounce on 5 February 2024. That is $10.40 lower than the previous close of $2,036.10, a move of -0.51%.
The gold price fell on 5 February 2024, losing $10.40 (0.51%) against the previous session's close of $2,036.10.
At $2,025.70 per troy ounce, one gram of pure gold was worth about $65.13 on 5 February 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 February 2024 18k gold was worth about $48.85 per gram and 14k about $37.99 per gram, against $65.13 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 90.7 on 5 February 2024, meaning one ounce of gold was worth roughly 90.7 ounces of silver.
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 2.70% below the highest close on record up to that date, which was set on 2023-12-27.