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Gold's highest closing price on record
Gold closed at $1,212.20 per troy ounce on 1 May 2010, up $32.10 (2.72%) from the previous close of $1,180.10.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $978.80, making this a +23.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,212.20 per troy ounce on 1 May 2010. That is $32.10 higher than the previous close of $1,180.10, a move of 2.72%.
The gold price rose on 1 May 2010, gaining $32.10 (2.72%) against the previous session's close of $1,180.10.
At $1,212.20 per troy ounce, one gram of pure gold was worth about $38.97 on 1 May 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2010 18k gold was worth about $29.23 per gram and 14k about $22.73 per gram, against $38.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.8 on 1 May 2010, meaning one ounce of gold was worth roughly 65.8 ounces of silver.
A week before 1 May 2010, gold was around $1,180.10 per troy ounce, so the close of $1,212.20 is a gain of 2.7% over the week.
A month before 1 May 2010, gold was around $1,180.10 per troy ounce, so the close of $1,212.20 is a gain of 2.7% over the month.
A year before 1 May 2010, gold was around $978.80 per troy ounce. The close of $1,212.20 therefore represents a rise of 23.8% over twelve months.