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Gold's highest closing price on record
Gold closed at $2,322.90 per troy ounce on 1 May 2024, up $31.50 (1.37%) from the previous close of $2,291.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,963.90, making this a +18.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,322.90 per troy ounce on 1 May 2024. That is $31.50 higher than the previous close of $2,291.40, a move of 1.37%.
The gold price rose on 1 May 2024, gaining $31.50 (1.37%) against the previous session's close of $2,291.40.
At $2,322.90 per troy ounce, one gram of pure gold was worth about $74.68 on 1 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2024 18k gold was worth about $56.01 per gram and 14k about $43.57 per gram, against $74.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.7 on 1 May 2024, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A week before 1 May 2024, gold was around $2,291.40 per troy ounce, so the close of $2,322.90 is a gain of 1.4% over the week.
A month before 1 May 2024, gold was around $2,291.40 per troy ounce, so the close of $2,322.90 is a gain of 1.4% over the month.
A year before 1 May 2024, gold was around $1,963.90 per troy ounce. The close of $2,322.90 therefore represents a rise of 18.3% over twelve months.