Distance from the record
This close sat 3.85% below the highest gold close recorded up to that date, set on 2024-05-20.
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This page is a historical record of the gold price in 29 May 2024, not the current price.See today's gold price (11 September 2026)
Gold closed at $2,340.30 per troy ounce on 29 May 2024, down $14.90 (0.63%) from the previous close of $2,355.20.
This close sat 3.85% below the highest gold close recorded up to that date, set on 2024-05-20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,944.10, making this a +20.38% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,340.30 per troy ounce on 29 May 2024. That is $14.90 lower than the previous close of $2,355.20, a move of -0.63%.
The gold price fell on 29 May 2024, losing $14.90 (0.63%) against the previous session's close of $2,355.20.
At $2,340.30 per troy ounce, one gram of pure gold was worth about $75.24 on 29 May 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 May 2024 18k gold was worth about $56.43 per gram and 14k about $43.89 per gram, against $75.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.7 on 29 May 2024, meaning one ounce of gold was worth roughly 72.7 ounces of silver.
A week before 29 May 2024, gold was around $2,389.20 per troy ounce, so the close of $2,340.30 is a loss of 2.0% over the week.
A year before 29 May 2024, gold was around $1,944.10 per troy ounce. The close of $2,340.30 therefore represents a rise of 20.4% over twelve months.
It closed 3.85% below the highest close on record up to that date, which was set on 2024-05-20.