Distance from the record
This close sat 15.55% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 10 May 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,595.10 per troy ounce on 10 May 2012, up $1.400 (0.09%) from the previous close of $1,593.70.
Gold barely moved, closing within 0.09% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 15.55% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,516.60, making this a +5.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,595.10 per troy ounce on 10 May 2012. That is $1.40 higher than the previous close of $1,593.70, a move of 0.09%.
The gold price rose on 10 May 2012, gaining $1.40 (0.09%) against the previous session's close of $1,593.70.
At $1,595.10 per troy ounce, one gram of pure gold was worth about $51.28 on 10 May 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 May 2012 18k gold was worth about $38.46 per gram and 14k about $29.92 per gram, against $51.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.7 on 10 May 2012, meaning one ounce of gold was worth roughly 54.7 ounces of silver.
A week before 10 May 2012, gold was around $1,634.20 per troy ounce, so the close of $1,595.10 is a loss of 2.4% over the week.
It closed 15.55% below the highest close on record up to that date, which was set on 2011-08-22.