Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 28 May 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,713.30 per troy ounce on 28 May 2020, up $3.000 (0.18%) from the previous close of $1,710.30.
This was the strongest close of the week up to that point.
This close sat 9.29% 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 $1,276.50, making this a +34.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,713.30 per troy ounce on 28 May 2020. That is $3.00 higher than the previous close of $1,710.30, a move of 0.18%.
The gold price rose on 28 May 2020, gaining $3.00 (0.18%) against the previous session's close of $1,710.30.
At $1,713.30 per troy ounce, one gram of pure gold was worth about $55.08 on 28 May 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 May 2020 18k gold was worth about $41.31 per gram and 14k about $32.13 per gram, against $55.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 95.7 on 28 May 2020, meaning one ounce of gold was worth roughly 95.7 ounces of silver.
A year before 28 May 2020, gold was around $1,276.50 per troy ounce. The close of $1,713.30 therefore represents a rise of 34.2% over twelve months.
It closed 9.29% below the highest close on record up to that date, which was set on 2011-08-22.