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Gold ranged between $1,963.90 and $1,963.90 per troy ounce during May 2023, averaging $1,963.90 across 1 trading day. It finished the period at $1,963.90, down 1.32% from $1,990.10.
Metal value only, before dealer margins and fabrication.
The strongest session of May 2023 was 1 May 2023 at -1.32%, and the weakest 1 May 2023 at -1.32%.
Twelve months earlier gold traded around $1,909.30, making this a +2.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished May 2023 at $1,963.90 per troy ounce, having fallen $26.20 (1.32%) over the month. It has traded between $1,963.90 and $1,963.90 across 1 trading day.
The average gold closing price in May 2023 was $1,963.90 per troy ounce, calculated across all 1 trading day in the month.
Gold reached its highest close of May 2023 at $1,963.90 per troy ounce on 1 May 2023.
The lowest gold close in May 2023 was $1,963.90 per troy ounce on 1 May 2023.
Gold fell during May 2023. It entered the month at $1,990.10 and closed at $1,963.90, a change of -1.32%.
Gold closed higher on 0 sessions and lower on 1 during May 2023. The strongest session was 1 May 2023 (-1.32%) and the weakest 1 May 2023 (-1.32%).
Daily closes in May 2023 varied with a standard deviation of 0.00% per session, and the peak-to-trough spread across the month was 0.0% ($1,963.90 to $1,963.90).
At the May 2023 close of $1,963.90 per troy ounce, gold worked out at about $63.14 per gram and $63,140.85 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 83.7 through May 2023 and finished the month near 83.7. A higher ratio means silver is cheap relative to gold.
Gold was around $1,909.30 per troy ounce twelve months before the end of May 2023. Closing at $1,963.90 makes that a gain of 2.9% year on year.