We report spectroscopic and photometric follow-up of a dormant black hole (BH) candidate from Gaia DR3. We show that the system, which we call Gaia BH2, contains a ∼1 𝑀 red giant and a dark companion with mass 𝑀 2 = 8.9 ± 0.3 𝑀 that is very likely a BH. The orbital period, 𝑃 orb = 1277 days, is much longer than that of any previously studied BH binary. Our radial velocity (RV) follow-up over a 6-month period spans most of the orbit's dynamic range in RV and is in excellent agreement with predictions of the Gaia solution. UV imaging and high-resolution optical spectra rule out all plausible luminous companions that could explain the orbit. The star is a bright (𝐺 = 12.3), slightly metal-poor ([Fe/H] = −0.22) low-luminosity giant (𝑇 eff = 4600 K; 𝑅 = 7.9 𝑅 ; log 𝑔/ cm s −2 = 2.6). The binary's orbit is moderately eccentric (𝑒 = 0.52). The giant is strongly enhanced in 𝛼−elements, with [𝛼/Fe] = +0.26, but the system's Galactocentric orbit is typical of the thin disk. We obtained X-ray and radio nondetections of the source near periastron, which support BH accretion models in which the net accretion rate at the horizon is much lower than the Bondi-Hoyle-Lyttleton rate. At a distance of 1.16 kpc, Gaia BH2 is the second-nearest known BH, after Gaia BH1. Its orbit -like that of Gaia BH1 -seems too wide to have formed through common envelope evolution. Gaia BH1 and BH2 have orbital periods at opposite edges of the Gaia DR3 sensitivity curve, perhaps hinting at a bimodal intrinsic period distribution for wide BH binaries. Dormant BH binaries like Gaia BH1 and Gaia BH2 likely significantly outnumber their close, X-ray bright cousins, but their formation pathways remain uncertain.