Distance from the record
This close sat 4.42% 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 20 May 2010, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 5 May 2010
Gold closed at $1,187.80 per troy ounce on 20 May 2010, down $4.800 (0.40%) from the previous close of $1,192.60.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 4.42% 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 $937.00, making this a +26.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,187.80 per troy ounce on 20 May 2010. That is $4.80 lower than the previous close of $1,192.60, a move of -0.40%.
The gold price fell on 20 May 2010, losing $4.80 (0.40%) against the previous session's close of $1,192.60.
At $1,187.80 per troy ounce, one gram of pure gold was worth about $38.19 on 20 May 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 May 2010 18k gold was worth about $28.64 per gram and 14k about $22.28 per gram, against $38.19 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.1 on 20 May 2010, meaning one ounce of gold was worth roughly 67.1 ounces of silver.
A week before 20 May 2010, gold was around $1,228.80 per troy ounce, so the close of $1,187.80 is a loss of 3.3% over the week.
A year before 20 May 2010, gold was around $937.00 per troy ounce. The close of $1,187.80 therefore represents a rise of 26.8% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.42% below the highest close on record up to that date, which was set on 2010-05-12.