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 2022, not the current price.See today's gold price (11 September 2026)
Highest closing price since 11 May 2022
Gold closed at $1,847.80 per troy ounce on 23 May 2022, up $6.000 (0.33%) from the previous close of $1,841.80.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 9.93% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,876.70, making this a -1.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,847.80 per troy ounce on 23 May 2022. That is $6.00 higher than the previous close of $1,841.80, a move of 0.33%.
The gold price rose on 23 May 2022, gaining $6.00 (0.33%) against the previous session's close of $1,841.80.
At $1,847.80 per troy ounce, one gram of pure gold was worth about $59.41 on 23 May 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 May 2022 18k gold was worth about $44.56 per gram and 14k about $34.65 per gram, against $59.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 85.1 on 23 May 2022, meaning one ounce of gold was worth roughly 85.1 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 9.93% below the highest close on record up to that date, which was set on 2020-08-06.