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 24 May 2010, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,193.80 per troy ounce on 24 May 2010, up $18.10 (1.54%) from the previous close of $1,175.70.
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 was the strongest close of the week up to that point.
This close sat 3.93% below the highest gold close recorded up to that date, set on 2010-05-12.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $958.50, making this a +24.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,193.80 per troy ounce on 24 May 2010. That is $18.10 higher than the previous close of $1,175.70, a move of 1.54%.
The gold price rose on 24 May 2010, gaining $18.10 (1.54%) against the previous session's close of $1,175.70.
At $1,193.80 per troy ounce, one gram of pure gold was worth about $38.38 on 24 May 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 May 2010 18k gold was worth about $28.79 per gram and 14k about $22.39 per gram, against $38.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 24 May 2010, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 24 May 2010, gold was around $1,227.70 per troy ounce, so the close of $1,193.80 is a loss of 2.8% over the week.
A year before 24 May 2010, gold was around $958.50 per troy ounce. The close of $1,193.80 therefore represents a rise of 24.5% over twelve months.
It closed 3.93% below the highest close on record up to that date, which was set on 2010-05-12.