Distance from the record
This close sat 11.48% below the highest gold close recorded up to that date, set on 2020-08-06.
This page is a historical record of the gold price in 18 May 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,815.90 per troy ounce on 18 May 2022, down $2.300 (0.13%) from the previous close of $1,818.20.
Gold barely moved, closing within 0.13% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 11.48% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,867.80, making this a -2.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,815.90 per troy ounce on 18 May 2022. That is $2.30 lower than the previous close of $1,818.20, a move of -0.13%.
The gold price fell on 18 May 2022, losing $2.30 (0.13%) against the previous session's close of $1,818.20.
At $1,815.90 per troy ounce, one gram of pure gold was worth about $58.38 on 18 May 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 May 2022 18k gold was worth about $43.79 per gram and 14k about $34.06 per gram, against $58.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.3 on 18 May 2022, meaning one ounce of gold was worth roughly 84.3 ounces of silver.
A month before 18 May 2022, gold was around $1,982.90 per troy ounce, so the close of $1,815.90 is a loss of 8.4% over the month.
It closed 11.48% below the highest close on record up to that date, which was set on 2020-08-06.