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Gold closed at $3,182.00 per troy ounce on 16 May 2025, down $38.70 (1.20%) from the previous close of $3,220.70.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,322.90, making this a +36.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,182.00 per troy ounce on 16 May 2025. That is $38.70 lower than the previous close of $3,220.70, a move of -1.20%.
The gold price fell on 16 May 2025, losing $38.70 (1.20%) against the previous session's close of $3,220.70.
At $3,182.00 per troy ounce, one gram of pure gold was worth about $102.30 on 16 May 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 May 2025 18k gold was worth about $76.73 per gram and 14k about $59.68 per gram, against $102.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 98.9 on 16 May 2025, meaning one ounce of gold was worth roughly 98.9 ounces of silver.
A week before 16 May 2025, gold was around $3,335.40 per troy ounce, so the close of $3,182.00 is a loss of 4.6% over the week.
A month before 16 May 2025, gold was around $3,326.60 per troy ounce, so the close of $3,182.00 is a loss of 4.3% over the month.
A year before 16 May 2025, gold was around $2,322.90 per troy ounce. The close of $3,182.00 therefore represents a rise of 37.0% over twelve months.