Distance from the record
This close sat 7.76% below the highest gold close recorded up to that date, set on 2001-05-18.
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This page is a historical record of the gold price in 5 July 2001, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 4 June 2001
Gold closed at $265.10 per troy ounce on 5 July 2001, down $2.500 (0.93%) from the previous close of $267.60.
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 7.76% below the highest gold close recorded up to that date, set on 2001-05-18.
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 $265.10 per troy ounce on 5 July 2001. That is $2.50 lower than the previous close of $267.60, a move of -0.93%.
The gold price fell on 5 July 2001, losing $2.50 (0.93%) against the previous session's close of $267.60.
At $265.10 per troy ounce, one gram of pure gold was worth about $8.52 on 5 July 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 July 2001 18k gold was worth about $6.39 per gram and 14k about $4.97 per gram, against $8.52 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.0 on 5 July 2001, meaning one ounce of gold was worth roughly 63.0 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 7.76% below the highest close on record up to that date, which was set on 2001-05-18.