Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 11 May 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,695.30 per troy ounce on 11 May 2020, down $14.60 (0.85%) from the previous close of $1,709.90.
This was the strongest close of the week up to that point.
This close sat 10.24% 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 $1,285.70, making this a +31.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,695.30 per troy ounce on 11 May 2020. That is $14.60 lower than the previous close of $1,709.90, a move of -0.85%.
The gold price fell on 11 May 2020, losing $14.60 (0.85%) against the previous session's close of $1,709.90.
At $1,695.30 per troy ounce, one gram of pure gold was worth about $54.51 on 11 May 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 May 2020 18k gold was worth about $40.88 per gram and 14k about $31.79 per gram, against $54.51 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 108.4 on 11 May 2020, meaning one ounce of gold was worth roughly 108.4 ounces of silver.
A year before 11 May 2020, gold was around $1,285.70 per troy ounce. The close of $1,695.30 therefore represents a rise of 31.9% over twelve months.
It closed 10.24% below the highest close on record up to that date, which was set on 2011-08-22.