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 27 May 2011, not the current price.See today's gold price (11 September 2026)
Highest closing price since 3 May 2011
Gold closed at $1,536.30 per troy ounce on 27 May 2011, up $13.50 (0.89%) from the previous close of $1,522.80.
This was the strongest close of the week up to that point.
This close sat 1.31% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,211.90, making this a +26.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,536.30 per troy ounce on 27 May 2011. That is $13.50 higher than the previous close of $1,522.80, a move of 0.89%.
The gold price rose on 27 May 2011, gaining $13.50 (0.89%) against the previous session's close of $1,522.80.
At $1,536.30 per troy ounce, one gram of pure gold was worth about $49.39 on 27 May 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 May 2011 18k gold was worth about $37.04 per gram and 14k about $28.81 per gram, against $49.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 40.6 on 27 May 2011, meaning one ounce of gold was worth roughly 40.6 ounces of silver.
A year before 27 May 2011, gold was around $1,211.90 per troy ounce. The close of $1,536.30 therefore represents a rise of 26.8% over twelve months.
It closed 1.31% below the highest close on record up to that date, which was set on 2011-05-02.