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Gold closed at $4,499.30 per troy ounce on 28 May 2026, up $51.80 (1.16%) from the previous close of $4,447.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,293.60, making this a +36.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,499.30 per troy ounce on 28 May 2026. That is $51.80 higher than the previous close of $4,447.50, a move of 1.16%.
The gold price rose on 28 May 2026, gaining $51.80 (1.16%) against the previous session's close of $4,447.50.
At $4,499.30 per troy ounce, one gram of pure gold was worth about $144.66 on 28 May 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 May 2026 18k gold was worth about $108.49 per gram and 14k about $84.38 per gram, against $144.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.5 on 28 May 2026, meaning one ounce of gold was worth roughly 59.5 ounces of silver.
A week before 28 May 2026, gold was around $4,539.80 per troy ounce, so the close of $4,499.30 is a loss of 0.9% over the week.
A month before 28 May 2026, gold was around $4,591.50 per troy ounce, so the close of $4,499.30 is a loss of 2.0% over the month.
A year before 28 May 2026, gold was around $3,293.60 per troy ounce. The close of $4,499.30 therefore represents a rise of 36.6% over twelve months.