Distance from the record
This close sat 8.91% 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 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,720.50 per troy ounce on 21 May 2020, down $30.10 (1.72%) from the previous close of $1,750.60.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 8.91% 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 $1,272.00, making this a +35.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,720.50 per troy ounce on 21 May 2020. That is $30.10 lower than the previous close of $1,750.60, a move of -1.72%.
The gold price fell on 21 May 2020, losing $30.10 (1.72%) against the previous session's close of $1,750.60.
At $1,720.50 per troy ounce, one gram of pure gold was worth about $55.32 on 21 May 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 May 2020 18k gold was worth about $41.49 per gram and 14k about $32.27 per gram, against $55.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 99.3 on 21 May 2020, meaning one ounce of gold was worth roughly 99.3 ounces of silver.
A year before 21 May 2020, gold was around $1,272.00 per troy ounce. The close of $1,720.50 therefore represents a rise of 35.3% over twelve months.
It closed 8.91% below the highest close on record up to that date, which was set on 2011-08-22.