Distance from the record
This close sat 26.27% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 31 May 2013, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,392.60 per troy ounce on 31 May 2013, down $18.90 (1.34%) from the previous close of $1,411.50.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 26.27% 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 $1,562.60, making this a -10.88% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,392.60 per troy ounce on 31 May 2013. That is $18.90 lower than the previous close of $1,411.50, a move of -1.34%.
The gold price fell on 31 May 2013, losing $18.90 (1.34%) against the previous session's close of $1,411.50.
At $1,392.60 per troy ounce, one gram of pure gold was worth about $44.77 on 31 May 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 May 2013 18k gold was worth about $33.58 per gram and 14k about $26.12 per gram, against $44.77 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.7 on 31 May 2013, meaning one ounce of gold was worth roughly 62.7 ounces of silver.
A month before 31 May 2013, gold was around $1,472.20 per troy ounce, so the close of $1,392.60 is a loss of 5.4% over the month.
It closed 26.27% below the highest close on record up to that date, which was set on 2011-08-22.