Distance from the record
This close sat 31.80% 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 21 May 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 9 May 2014
Gold closed at $1,288.00 per troy ounce on 21 May 2014, down $6.500 (0.50%) from the previous close of $1,294.50.
This close sat 31.80% 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 $1,377.80, making this a -6.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,288.00 per troy ounce on 21 May 2014. That is $6.50 lower than the previous close of $1,294.50, a move of -0.50%.
The gold price fell on 21 May 2014, losing $6.50 (0.50%) against the previous session's close of $1,294.50.
At $1,288.00 per troy ounce, one gram of pure gold was worth about $41.41 on 21 May 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 May 2014 18k gold was worth about $31.06 per gram and 14k about $24.16 per gram, against $41.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.7 on 21 May 2014, meaning one ounce of gold was worth roughly 66.7 ounces of silver.
It closed 31.80% below the highest close on record up to that date, which was set on 2011-08-22.