Distance from the record
This close sat 11.16% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 12 May 2021, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,822.60 per troy ounce on 12 May 2021, down $13.30 (0.72%) from the previous close of $1,835.90.
This close sat 11.16% 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 $1,704.40, making this a +6.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,822.60 per troy ounce on 12 May 2021. That is $13.30 lower than the previous close of $1,835.90, a move of -0.72%.
The gold price fell on 12 May 2021, losing $13.30 (0.72%) against the previous session's close of $1,835.90.
At $1,822.60 per troy ounce, one gram of pure gold was worth about $58.60 on 12 May 2021. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 May 2021 18k gold was worth about $43.95 per gram and 14k about $34.18 per gram, against $58.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.9 on 12 May 2021, meaning one ounce of gold was worth roughly 66.9 ounces of silver.
A week before 12 May 2021, gold was around $1,784.10 per troy ounce, so the close of $1,822.60 is a gain of 2.2% over the week.
A month before 12 May 2021, gold was around $1,731.20 per troy ounce, so the close of $1,822.60 is a gain of 5.3% over the month.
It closed 11.16% below the highest close on record up to that date, which was set on 2020-08-06.