Distance from the record
This close sat 35.22% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 25 May 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 6 April 2016
Gold closed at $1,223.50 per troy ounce on 25 May 2016, down $5.400 (0.44%) from the previous close of $1,228.90.
This close extended a run of 6 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 35.22% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,204.30, making this a +1.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,223.50 per troy ounce on 25 May 2016. That is $5.40 lower than the previous close of $1,228.90, a move of -0.44%.
The gold price fell on 25 May 2016, losing $5.40 (0.44%) against the previous session's close of $1,228.90.
At $1,223.50 per troy ounce, one gram of pure gold was worth about $39.34 on 25 May 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 May 2016 18k gold was worth about $29.50 per gram and 14k about $22.95 per gram, against $39.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.3 on 25 May 2016, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A week before 25 May 2016, gold was around $1,273.70 per troy ounce, so the close of $1,223.50 is a loss of 3.9% over the week.
This close was session 6 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 35.22% below the highest close on record up to that date, which was set on 2011-08-22.