Distance from the record
This close sat 4.14% below the highest gold close recorded up to that date, set on 2011-05-02.
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This page is a historical record of the gold price in 19 May 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,492.20 per troy ounce on 19 May 2011, down $3.400 (0.23%) from the previous close of $1,495.60.
This close sat 4.14% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,192.60, making this a +25.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,492.20 per troy ounce on 19 May 2011. That is $3.40 lower than the previous close of $1,495.60, a move of -0.23%.
The gold price fell on 19 May 2011, losing $3.40 (0.23%) against the previous session's close of $1,495.60.
At $1,492.20 per troy ounce, one gram of pure gold was worth about $47.98 on 19 May 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 May 2011 18k gold was worth about $35.98 per gram and 14k about $27.99 per gram, against $47.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 42.7 on 19 May 2011, meaning one ounce of gold was worth roughly 42.7 ounces of silver.
A year before 19 May 2011, gold was around $1,192.60 per troy ounce. The close of $1,492.20 therefore represents a rise of 25.1% over twelve months.
It closed 4.14% below the highest close on record up to that date, which was set on 2011-05-02.