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Gold closed at $4,677.60 per troy ounce on 12 May 2026, down $41.10 (0.87%) from the previous close of $4,718.70.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,220.00, making this a +45.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,677.60 per troy ounce on 12 May 2026. That is $41.10 lower than the previous close of $4,718.70, a move of -0.87%.
The gold price fell on 12 May 2026, losing $41.10 (0.87%) against the previous session's close of $4,718.70.
At $4,677.60 per troy ounce, one gram of pure gold was worth about $150.39 on 12 May 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 May 2026 18k gold was worth about $112.79 per gram and 14k about $87.73 per gram, against $150.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 54.9 on 12 May 2026, meaning one ounce of gold was worth roughly 54.9 ounces of silver.
A week before 12 May 2026, gold was around $4,555.80 per troy ounce, so the close of $4,677.60 is a gain of 2.7% over the week.
A month before 12 May 2026, gold was around $4,761.90 per troy ounce, so the close of $4,677.60 is a loss of 1.8% over the month.
A year before 12 May 2026, gold was around $3,220.00 per troy ounce. The close of $4,677.60 therefore represents a rise of 45.3% over twelve months.