Distance from the record
This close sat 9.76% below the highest gold close recorded up to that date, set on 2020-08-06.
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This page is a historical record of the gold price in 27 May 2022, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,851.30 per troy ounce on 27 May 2022, up $3.900 (0.21%) from the previous close of $1,847.40.
This close sat 9.76% below the highest gold close recorded up to that date, set on 2020-08-06.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,895.70, making this a -2.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,851.30 per troy ounce on 27 May 2022. That is $3.90 higher than the previous close of $1,847.40, a move of 0.21%.
The gold price rose on 27 May 2022, gaining $3.90 (0.21%) against the previous session's close of $1,847.40.
At $1,851.30 per troy ounce, one gram of pure gold was worth about $59.52 on 27 May 2022. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 May 2022 18k gold was worth about $44.64 per gram and 14k about $34.72 per gram, against $59.52 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 83.9 on 27 May 2022, meaning one ounce of gold was worth roughly 83.9 ounces of silver.
It closed 9.76% below the highest close on record up to that date, which was set on 2020-08-06.