Loading…
Highest closing price since 24 April 2026
Gold closed at $4,699.80 per troy ounce on 7 May 2026, up $17.90 (0.38%) from the previous close of $4,681.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,381.40, making this a +38.99% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,699.80 per troy ounce on 7 May 2026. That is $17.90 higher than the previous close of $4,681.90, a move of 0.38%.
The gold price rose on 7 May 2026, gaining $17.90 (0.38%) against the previous session's close of $4,681.90.
At $4,699.80 per troy ounce, one gram of pure gold was worth about $151.10 on 7 May 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 May 2026 18k gold was worth about $113.33 per gram and 14k about $88.14 per gram, against $151.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.0 on 7 May 2026, meaning one ounce of gold was worth roughly 59.0 ounces of silver.
A week before 7 May 2026, gold was around $4,614.70 per troy ounce, so the close of $4,699.80 is a gain of 1.8% over the week.
A month before 7 May 2026, gold was around $4,657.10 per troy ounce, so the close of $4,699.80 is a gain of 0.9% over the month.
A year before 7 May 2026, gold was around $3,381.40 per troy ounce. The close of $4,699.80 therefore represents a rise of 39.0% over twelve months.