Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 27 May 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 May 2014
Gold closed at $1,265.40 per troy ounce on 27 May 2014, down $26.20 (2.03%) from the previous close of $1,291.60.
Gold lost 2.03% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 33.00% 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 $1,386.80, making this a -8.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,265.40 per troy ounce on 27 May 2014. That is $26.20 lower than the previous close of $1,291.60, a move of -2.03%.
The gold price fell on 27 May 2014, losing $26.20 (2.03%) against the previous session's close of $1,291.60.
At $1,265.40 per troy ounce, one gram of pure gold was worth about $40.68 on 27 May 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 May 2014 18k gold was worth about $30.51 per gram and 14k about $23.73 per gram, against $40.68 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.5 on 27 May 2014, meaning one ounce of gold was worth roughly 66.5 ounces of silver.
A week before 27 May 2014, gold was around $1,294.50 per troy ounce, so the close of $1,265.40 is a loss of 2.2% over the week.
It closed 33.00% below the highest close on record up to that date, which was set on 2011-08-22.