Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the gold price in 7 May 2010, not the current price.See today's gold price (11 September 2026)
Highest closing price since 3 December 2009
Gold closed at $1,210.00 per troy ounce on 7 May 2010, up $13.10 (1.09%) from the previous close of $1,196.90.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $915.00, making this a +32.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,210.00 per troy ounce on 7 May 2010. That is $13.10 higher than the previous close of $1,196.90, a move of 1.09%.
The gold price rose on 7 May 2010, gaining $13.10 (1.09%) against the previous session's close of $1,196.90.
At $1,210.00 per troy ounce, one gram of pure gold was worth about $38.90 on 7 May 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 May 2010 18k gold was worth about $29.18 per gram and 14k about $22.69 per gram, against $38.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.7 on 7 May 2010, meaning one ounce of gold was worth roughly 65.7 ounces of silver.
A week before 7 May 2010, gold was around $1,180.10 per troy ounce, so the close of $1,210.00 is a gain of 2.5% over the week.
A month before 7 May 2010, gold was around $1,152.30 per troy ounce, so the close of $1,210.00 is a gain of 5.0% over the month.
A year before 7 May 2010, gold was around $915.00 per troy ounce. The close of $1,210.00 therefore represents a rise of 32.2% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.61% below the highest close on record up to that date, which was set on 2009-12-03.
The most recent higher close was about 5 months earlier — 107 trading sessions before this one.