Distance from the record
This close sat 2.29% below the highest gold close recorded up to that date, set on 2010-05-12.
This page is a historical record of the gold price in 18 May 2010, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,214.30 per troy ounce on 18 May 2010, down $13.40 (1.09%) from the previous close of $1,227.70.
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 close sat 2.29% below the highest gold close recorded up to that date, set on 2010-05-12.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $921.30, making this a +31.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,214.30 per troy ounce on 18 May 2010. That is $13.40 lower than the previous close of $1,227.70, a move of -1.09%.
The gold price fell on 18 May 2010, losing $13.40 (1.09%) against the previous session's close of $1,227.70.
At $1,214.30 per troy ounce, one gram of pure gold was worth about $39.04 on 18 May 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 May 2010 18k gold was worth about $29.28 per gram and 14k about $22.77 per gram, against $39.04 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.4 on 18 May 2010, meaning one ounce of gold was worth roughly 64.4 ounces of silver.
A month before 18 May 2010, gold was around $1,136.30 per troy ounce, so the close of $1,214.30 is a gain of 6.9% over the month.
A year before 18 May 2010, gold was around $921.30 per troy ounce. The close of $1,214.30 therefore represents a rise of 31.8% over twelve months.
It closed 2.29% below the highest close on record up to that date, which was set on 2010-05-12.