Distance from the record
This close sat 33.67% 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 19 May 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,252.70 per troy ounce on 19 May 2017, up $1.000 (0.08%) from the previous close of $1,251.70.
Gold barely moved, closing within 0.08% 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 33.67% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,254.20, making this a -0.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,252.70 per troy ounce on 19 May 2017. That is $1.00 higher than the previous close of $1,251.70, a move of 0.08%.
The gold price rose on 19 May 2017, gaining $1.00 (0.08%) against the previous session's close of $1,251.70.
At $1,252.70 per troy ounce, one gram of pure gold was worth about $40.28 on 19 May 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 May 2017 18k gold was worth about $30.21 per gram and 14k about $23.49 per gram, against $40.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.8 on 19 May 2017, meaning one ounce of gold was worth roughly 74.8 ounces of silver.
A week before 19 May 2017, gold was around $1,226.20 per troy ounce, so the close of $1,252.70 is a gain of 2.2% over the week.
It closed 33.67% below the highest close on record up to that date, which was set on 2011-08-22.