Gold closed at $3,381.40 per troy ounce on 7 May 2025, down $30.00 (0.88%) from the previous close of $3,411.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,322.90, making this a +45.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,381.40 per troy ounce on 7 May 2025. That is $30.00 lower than the previous close of $3,411.40, a move of -0.88%.
The gold price fell on 7 May 2025, losing $30.00 (0.88%) against the previous session's close of $3,411.40.
At $3,381.40 per troy ounce, one gram of pure gold was worth about $108.71 on 7 May 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 May 2025 18k gold was worth about $81.54 per gram and 14k about $63.42 per gram, against $108.71 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 103.9 on 7 May 2025, meaning one ounce of gold was worth roughly 103.9 ounces of silver.
A week before 7 May 2025, gold was around $3,305.00 per troy ounce, so the close of $3,381.40 is a gain of 2.3% over the week.
A month before 7 May 2025, gold was around $2,951.30 per troy ounce, so the close of $3,381.40 is a gain of 14.6% over the month.
A year before 7 May 2025, gold was around $2,322.90 per troy ounce. The close of $3,381.40 therefore represents a rise of 45.6% over twelve months.