Distance from the record
This close sat 3.77% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 11 May 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $267.90 per troy ounce on 11 May 2001, down $1.200 (0.45%) from the previous close of $269.10.
This close sat 3.77% below the highest gold close recorded up to that date, set on 2000-09-27.
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 $267.90 per troy ounce on 11 May 2001. That is $1.20 lower than the previous close of $269.10, a move of -0.45%.
The gold price fell on 11 May 2001, losing $1.20 (0.45%) against the previous session's close of $269.10.
At $267.90 per troy ounce, one gram of pure gold was worth about $8.61 on 11 May 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 May 2001 18k gold was worth about $6.46 per gram and 14k about $5.02 per gram, against $8.61 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.2 on 11 May 2001, meaning one ounce of gold was worth roughly 62.2 ounces of silver.
It closed 3.77% below the highest close on record up to that date, which was set on 2000-09-27.