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 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,710.30 per troy ounce on 27 May 2020, up $5.500 (0.32%) from the previous close of $1,704.80.
This was the strongest close of the week up to that point.
This close sat 9.45% 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 $1,283.00, making this a +33.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,710.30 per troy ounce on 27 May 2020. That is $5.50 higher than the previous close of $1,704.80, a move of 0.32%.
The gold price rose on 27 May 2020, gaining $5.50 (0.32%) against the previous session's close of $1,704.80.
At $1,710.30 per troy ounce, one gram of pure gold was worth about $54.99 on 27 May 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 May 2020 18k gold was worth about $41.24 per gram and 14k about $32.08 per gram, against $54.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 96.7 on 27 May 2020, meaning one ounce of gold was worth roughly 96.7 ounces of silver.
A week before 27 May 2020, gold was around $1,750.60 per troy ounce, so the close of $1,710.30 is a loss of 2.3% over the week.
A year before 27 May 2020, gold was around $1,283.00 per troy ounce. The close of $1,710.30 therefore represents a rise of 33.3% over twelve months.
It closed 9.45% below the highest close on record up to that date, which was set on 2011-08-22.