Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 21 May 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $285.40 per troy ounce on 21 May 2001, down $2.000 (0.70%) from the previous close of $287.40.
This was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $285.40 per troy ounce on 21 May 2001. That is $2.00 lower than the previous close of $287.40, a move of -0.70%.
The gold price fell on 21 May 2001, losing $2.00 (0.70%) against the previous session's close of $287.40.
At $285.40 per troy ounce, one gram of pure gold was worth about $9.18 on 21 May 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 May 2001 18k gold was worth about $6.88 per gram and 14k about $5.35 per gram, against $9.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.1 on 21 May 2001, meaning one ounce of gold was worth roughly 63.1 ounces of silver.
A week before 21 May 2001, gold was around $268.30 per troy ounce, so the close of $285.40 is a gain of 6.4% over the week.
A month before 21 May 2001, gold was around $264.80 per troy ounce, so the close of $285.40 is a gain of 7.8% over the month.
It closed 0.70% below the highest close on record up to that date, which was set on 2001-05-18.