Highest so far that month
No earlier session that month closed above this level.
This page is a historical record of the gold price in 15 May 2024, not the current price.See today's gold price (11 September 2026)
Highest closing price since 19 April 2024
Gold closed at $2,388.70 per troy ounce on 15 May 2024, up $35.30 (1.50%) from the previous close of $2,353.40.
No earlier session that month closed above this level.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,018.00, making this a +18.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,388.70 per troy ounce on 15 May 2024. That is $35.30 higher than the previous close of $2,353.40, a move of 1.50%.
The gold price rose on 15 May 2024, gaining $35.30 (1.50%) against the previous session's close of $2,353.40.
At $2,388.70 per troy ounce, one gram of pure gold was worth about $76.80 on 15 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 May 2024 18k gold was worth about $57.60 per gram and 14k about $44.80 per gram, against $76.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.9 on 15 May 2024, meaning one ounce of gold was worth roughly 80.9 ounces of silver.
A week before 15 May 2024, gold was around $2,313.60 per troy ounce, so the close of $2,388.70 is a gain of 3.2% over the week.
A year before 15 May 2024, gold was around $2,018.00 per troy ounce. The close of $2,388.70 therefore represents a rise of 18.4% over twelve months.
It closed 0.40% below the highest close on record up to that date, which was set on 2024-04-19.