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 29 May 2019, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,280.60 per troy ounce on 29 May 2019, up $4.100 (0.32%) from the previous close of $1,276.50.
This was the strongest close of the week up to that point.
This close sat 32.20% 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 $1,298.70, making this a -1.39% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,280.60 per troy ounce on 29 May 2019. That is $4.10 higher than the previous close of $1,276.50, a move of 0.32%.
The gold price rose on 29 May 2019, gaining $4.10 (0.32%) against the previous session's close of $1,276.50.
At $1,280.60 per troy ounce, one gram of pure gold was worth about $41.17 on 29 May 2019. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 May 2019 18k gold was worth about $30.88 per gram and 14k about $24.02 per gram, against $41.17 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 89.1 on 29 May 2019, meaning one ounce of gold was worth roughly 89.1 ounces of silver.
It closed 32.20% below the highest close on record up to that date, which was set on 2011-08-22.