Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 18 May 2009, not the current price.See today's gold price (11 September 2026)
Gold closed at $921.30 per troy ounce on 18 May 2009, down $9.600 (1.03%) from the previous close of $930.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 8.16% below the highest gold close recorded up to that date, set on 2008-03-18.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $899.00, making this a +2.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $921.30 per troy ounce on 18 May 2009. That is $9.60 lower than the previous close of $930.90, a move of -1.03%.
The gold price fell on 18 May 2009, losing $9.60 (1.03%) against the previous session's close of $930.90.
At $921.30 per troy ounce, one gram of pure gold was worth about $29.62 on 18 May 2009. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 May 2009 18k gold was worth about $22.22 per gram and 14k about $17.28 per gram, against $29.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.7 on 18 May 2009, meaning one ounce of gold was worth roughly 66.7 ounces of silver.
A month before 18 May 2009, gold was around $867.40 per troy ounce, so the close of $921.30 is a gain of 6.2% over the month.
It closed 8.16% below the highest close on record up to that date, which was set on 2008-03-18.