Distance from the record
This close sat 4.07% below the highest gold close recorded up to that date, set on 2011-05-02.
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This page is a historical record of the gold price in 13 May 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,493.40 per troy ounce on 13 May 2011, down $13.20 (0.88%) from the previous close of $1,506.60.
This close sat 4.07% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,228.80, making this a +21.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,493.40 per troy ounce on 13 May 2011. That is $13.20 lower than the previous close of $1,506.60, a move of -0.88%.
The gold price fell on 13 May 2011, losing $13.20 (0.88%) against the previous session's close of $1,506.60.
At $1,493.40 per troy ounce, one gram of pure gold was worth about $48.01 on 13 May 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 May 2011 18k gold was worth about $36.01 per gram and 14k about $28.01 per gram, against $48.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 42.7 on 13 May 2011, meaning one ounce of gold was worth roughly 42.7 ounces of silver.
A year before 13 May 2011, gold was around $1,228.80 per troy ounce. The close of $1,493.40 therefore represents a rise of 21.5% over twelve months.
It closed 4.07% below the highest close on record up to that date, which was set on 2011-05-02.