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Gold closed at $3,296.60 per troy ounce on 8 May 2025, down $84.80 (2.51%) from the previous close of $3,381.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,322.90, making this a +41.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $3,296.60 per troy ounce on 8 May 2025. That is $84.80 lower than the previous close of $3,381.40, a move of -2.51%.
The gold price fell on 8 May 2025, losing $84.80 (2.51%) against the previous session's close of $3,381.40.
At $3,296.60 per troy ounce, one gram of pure gold was worth about $105.99 on 8 May 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 May 2025 18k gold was worth about $79.49 per gram and 14k about $61.83 per gram, against $105.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 101.8 on 8 May 2025, meaning one ounce of gold was worth roughly 101.8 ounces of silver.
A week before 8 May 2025, gold was around $3,288.90 per troy ounce, so the close of $3,296.60 is a gain of 0.2% over the week.
A month before 8 May 2025, gold was around $2,968.40 per troy ounce, so the close of $3,296.60 is a gain of 11.1% over the month.
A year before 8 May 2025, gold was around $2,322.90 per troy ounce. The close of $3,296.60 therefore represents a rise of 41.9% over twelve months.