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Highest closing price since 1 August 2020
Gold closed at $1,902.50 per troy ounce on 1 May 2021, up $135.20 (7.65%) from the previous close of $1,767.30.
Notable session: highest close of the year; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,736.90, making this a +9.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,902.50 per troy ounce on 1 May 2021. That is $135.20 higher than the previous close of $1,767.30, a move of 7.65%.
The gold price rose on 1 May 2021, gaining $135.20 (7.65%) against the previous session's close of $1,767.30.
At $1,902.50 per troy ounce, one gram of pure gold was worth about $61.17 on 1 May 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2021 18k gold was worth about $45.88 per gram and 14k about $35.68 per gram, against $61.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.0 on 1 May 2021, meaning one ounce of gold was worth roughly 68.0 ounces of silver.
A week before 1 May 2021, gold was around $1,767.30 per troy ounce, so the close of $1,902.50 is a gain of 7.7% over the week.
A month before 1 May 2021, gold was around $1,767.30 per troy ounce, so the close of $1,902.50 is a gain of 7.7% over the month.
A year before 1 May 2021, gold was around $1,736.90 per troy ounce. The close of $1,902.50 therefore represents a rise of 9.5% over twelve months.