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Highest closing price since 1 February 2001
Gold closed at $265.30 per troy ounce on 1 May 2001, up $7.400 (2.87%) from the previous close of $257.90.
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 $265.30 per troy ounce on 1 May 2001. That is $7.40 higher than the previous close of $257.90, a move of 2.87%.
The gold price rose on 1 May 2001, gaining $7.40 (2.87%) against the previous session's close of $257.90.
At $265.30 per troy ounce, one gram of pure gold was worth about $8.53 on 1 May 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2001 18k gold was worth about $6.40 per gram and 14k about $4.98 per gram, against $8.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.4 on 1 May 2001, meaning one ounce of gold was worth roughly 60.4 ounces of silver.
A week before 1 May 2001, gold was around $257.90 per troy ounce, so the close of $265.30 is a gain of 2.9% over the week.
A month before 1 May 2001, gold was around $257.90 per troy ounce, so the close of $265.30 is a gain of 2.9% over the month.