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Lowest closing price since 15 April 2025
Gold closed at $3,220.00 per troy ounce on 12 May 2025, down $115.40 (3.46%) from the previous close of $3,335.40.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,322.90, making this a +38.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,220.00 per troy ounce on 12 May 2025. That is $115.40 lower than the previous close of $3,335.40, a move of -3.46%.
The gold price fell on 12 May 2025, losing $115.40 (3.46%) against the previous session's close of $3,335.40.
At $3,220.00 per troy ounce, one gram of pure gold was worth about $103.53 on 12 May 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 May 2025 18k gold was worth about $77.64 per gram and 14k about $60.39 per gram, against $103.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 99.4 on 12 May 2025, meaning one ounce of gold was worth roughly 99.4 ounces of silver.
A week before 12 May 2025, gold was around $3,311.30 per troy ounce, so the close of $3,220.00 is a loss of 2.8% over the week.
A month before 12 May 2025, gold was around $3,222.20 per troy ounce, so the close of $3,220.00 is a loss of 0.1% over the month.
A year before 12 May 2025, gold was around $2,322.90 per troy ounce. The close of $3,220.00 therefore represents a rise of 38.6% over twelve months.