Distance from the record
This close sat 4.21% below the highest gold close recorded up to that date, set on 2011-05-02.
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This page is a historical record of the gold price in 6 May 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,491.20 per troy ounce on 6 May 2011, up $10.30 (0.70%) from the previous close of $1,480.90.
This close sat 4.21% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,196.90, making this a +24.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,491.20 per troy ounce on 6 May 2011. That is $10.30 higher than the previous close of $1,480.90, a move of 0.70%.
The gold price rose on 6 May 2011, gaining $10.30 (0.70%) against the previous session's close of $1,480.90.
At $1,491.20 per troy ounce, one gram of pure gold was worth about $47.94 on 6 May 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 May 2011 18k gold was worth about $35.96 per gram and 14k about $27.97 per gram, against $47.94 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 42.3 on 6 May 2011, meaning one ounce of gold was worth roughly 42.3 ounces of silver.
A week before 6 May 2011, gold was around $1,556.00 per troy ounce, so the close of $1,491.20 is a loss of 4.2% over the week.
A year before 6 May 2011, gold was around $1,196.90 per troy ounce. The close of $1,491.20 therefore represents a rise of 24.6% over twelve months.
It closed 4.21% below the highest close on record up to that date, which was set on 2011-05-02.