Distance from the record
This close sat 9.70% below the highest gold close recorded up to that date, set on 2020-08-06.
This page is a historical record of the gold price in 11 May 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,852.60 per troy ounce on 11 May 2022, up $12.70 (0.69%) from the previous close of $1,839.90.
This close sat 9.70% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,835.90, making this a +0.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,852.60 per troy ounce on 11 May 2022. That is $12.70 higher than the previous close of $1,839.90, a move of 0.69%.
The gold price rose on 11 May 2022, gaining $12.70 (0.69%) against the previous session's close of $1,839.90.
At $1,852.60 per troy ounce, one gram of pure gold was worth about $59.56 on 11 May 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 May 2022 18k gold was worth about $44.67 per gram and 14k about $34.74 per gram, against $59.56 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 86.0 on 11 May 2022, meaning one ounce of gold was worth roughly 86.0 ounces of silver.
It closed 9.70% below the highest close on record up to that date, which was set on 2020-08-06.