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Gold ranged between $887.30 and $887.30 per troy ounce during May 2008, averaging $887.30 across 1 trading day. It finished the period at $887.30, up 2.84% from $862.80.
Metal value only, before dealer margins and fabrication.
The strongest session of May 2008 was 1 May 2008 at +2.84%, and the weakest 1 May 2008 at +2.84%.
Twelve months earlier gold traded around $661.00, making this a +34.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished May 2008 at $887.30 per troy ounce, having risen $24.50 (2.84%) over the month. It has traded between $887.30 and $887.30 across 1 trading day.
The average gold closing price in May 2008 was $887.30 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of May 2008 at $887.30 per troy ounce on 1 May 2008.
The lowest gold close in May 2008 was $887.30 per troy ounce on 1 May 2008.
Gold rose during May 2008. It entered the month at $862.80 and closed at $887.30, a change of 2.84%.
Gold closed higher on 1 session and lower on 0 during May 2008. The strongest session was 1 May 2008 (+2.84%) and the weakest 1 May 2008 (2.84%).
Daily closes in May 2008 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($887.30 to $887.30).
At the May 2008 close of $887.30 per troy ounce, gold worked out at about $28.53 per gram and $28,527.36 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 52.7 through May 2008 and finished the month near 52.7. A higher ratio means silver is cheap relative to gold.
Gold was around $661.00 per troy ounce twelve months before the end of May 2008. Closing at $887.30 makes that a gain of 34.2% year on year.