Distance from the record
This close sat 32.52% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 17 May 2019, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 2 May 2019
Gold closed at $1,274.50 per troy ounce on 17 May 2019, down $10.50 (0.82%) from the previous close of $1,285.00.
This close sat 32.52% below the highest gold close recorded up to that date, set on 2011-08-22.
One of the ten lowest gold closes of that year, ranking 245 of 253 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,288.20, making this a -1.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,274.50 per troy ounce on 17 May 2019. That is $10.50 lower than the previous close of $1,285.00, a move of -0.82%.
The gold price fell on 17 May 2019, losing $10.50 (0.82%) against the previous session's close of $1,285.00.
At $1,274.50 per troy ounce, one gram of pure gold was worth about $40.98 on 17 May 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 May 2019 18k gold was worth about $30.73 per gram and 14k about $23.90 per gram, against $40.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 88.8 on 17 May 2019, meaning one ounce of gold was worth roughly 88.8 ounces of silver.
It closed 32.52% below the highest close on record up to that date, which was set on 2011-08-22.