Distance from the record
This close sat 3.31% below the highest gold close recorded up to that date, set on 2001-05-18.
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This page is a historical record of the gold price in 25 May 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $277.90 per troy ounce on 25 May 2001, down $1.200 (0.43%) from the previous close of $279.10.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 3.31% below the highest gold close recorded up to that date, set on 2001-05-18.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $277.90 per troy ounce on 25 May 2001. That is $1.20 lower than the previous close of $279.10, a move of -0.43%.
The gold price fell on 25 May 2001, losing $1.20 (0.43%) against the previous session's close of $279.10.
At $277.90 per troy ounce, one gram of pure gold was worth about $8.93 on 25 May 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 May 2001 18k gold was worth about $6.70 per gram and 14k about $5.21 per gram, against $8.93 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 60.9 on 25 May 2001, meaning one ounce of gold was worth roughly 60.9 ounces of silver.
A week before 25 May 2001, gold was around $287.40 per troy ounce, so the close of $277.90 is a loss of 3.3% over the week.
A month before 25 May 2001, gold was around $262.40 per troy ounce, so the close of $277.90 is a gain of 5.9% over the month.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 3.31% below the highest close on record up to that date, which was set on 2001-05-18.