Distance from the record
This close sat 1.84% below the highest gold close recorded up to that date, set on 2024-05-20.
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This page is a historical record of the gold price in 22 May 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,389.20 per troy ounce on 22 May 2024, down $32.50 (1.34%) from the previous close of $2,421.70.
This close sat 1.84% below the highest gold close recorded up to that date, set on 2024-05-20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,974.80, making this a +20.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,389.20 per troy ounce on 22 May 2024. That is $32.50 lower than the previous close of $2,421.70, a move of -1.34%.
The gold price fell on 22 May 2024, losing $32.50 (1.34%) against the previous session's close of $2,421.70.
At $2,389.20 per troy ounce, one gram of pure gold was worth about $76.81 on 22 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 May 2024 18k gold was worth about $57.61 per gram and 14k about $44.81 per gram, against $76.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.3 on 22 May 2024, meaning one ounce of gold was worth roughly 76.3 ounces of silver.
A year before 22 May 2024, gold was around $1,974.80 per troy ounce. The close of $2,389.20 therefore represents a rise of 21.0% over twelve months.
It closed 1.84% below the highest close on record up to that date, which was set on 2024-05-20.