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 23 May 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 10 May 2011
Gold closed at $1,515.30 per troy ounce on 23 May 2011, up $6.500 (0.43%) from the previous close of $1,508.80.
This was the strongest close of the week up to that point.
This close sat 2.66% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,175.70, making this a +28.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,515.30 per troy ounce on 23 May 2011. That is $6.50 higher than the previous close of $1,508.80, a move of 0.43%.
The gold price rose on 23 May 2011, gaining $6.50 (0.43%) against the previous session's close of $1,508.80.
At $1,515.30 per troy ounce, one gram of pure gold was worth about $48.72 on 23 May 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 May 2011 18k gold was worth about $36.54 per gram and 14k about $28.42 per gram, against $48.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.4 on 23 May 2011, meaning one ounce of gold was worth roughly 43.4 ounces of silver.
A year before 23 May 2011, gold was around $1,175.70 per troy ounce. The close of $1,515.30 therefore represents a rise of 28.9% over twelve months.
It closed 2.66% below the highest close on record up to that date, which was set on 2011-05-02.