Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 12 May 2009, not the current price.See today's gold price (11 September 2026)
Highest closing price since 26 March 2009
Gold closed at $923.50 per troy ounce on 12 May 2009, up $10.50 (1.15%) from the previous close of $913.00.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 7.94% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $883.70, making this a +4.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $923.50 per troy ounce on 12 May 2009. That is $10.50 higher than the previous close of $913.00, a move of 1.15%.
The gold price rose on 12 May 2009, gaining $10.50 (1.15%) against the previous session's close of $913.00.
At $923.50 per troy ounce, one gram of pure gold was worth about $29.69 on 12 May 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 May 2009 18k gold was worth about $22.27 per gram and 14k about $17.32 per gram, against $29.69 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.1 on 12 May 2009, meaning one ounce of gold was worth roughly 65.1 ounces of silver.
A week before 12 May 2009, gold was around $903.70 per troy ounce, so the close of $923.50 is a gain of 2.2% over the week.
It closed 7.94% below the highest close on record up to that date, which was set on 2008-03-18.