Distance from the record
This close sat 8.33% below the highest gold close recorded up to that date, set on 2004-12-03.
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This page is a historical record of the gold price in 26 May 2005, not the current price.See today's gold price (11 September 2026)
Gold closed at $418.00 per troy ounce on 26 May 2005, down $0.800 (0.19%) from the previous close of $418.80.
This close sat 8.33% below the highest gold close recorded up to that date, set on 2004-12-03.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $388.30, making this a +7.65% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $418.00 per troy ounce on 26 May 2005. That is $0.80 lower than the previous close of $418.80, a move of -0.19%.
The gold price fell on 26 May 2005, losing $0.80 (0.19%) against the previous session's close of $418.80.
At $418.00 per troy ounce, one gram of pure gold was worth about $13.44 on 26 May 2005. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 May 2005 18k gold was worth about $10.08 per gram and 14k about $7.84 per gram, against $13.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.4 on 26 May 2005, meaning one ounce of gold was worth roughly 58.4 ounces of silver.
It closed 8.33% below the highest close on record up to that date, which was set on 2004-12-03.