Gold price on May 7, 2024
Gold closed at $2,319.60 per troy ounce on Tuesday, May 7, 2024, and rose 1.10% from $2,294.45 at the previous close.
It sits 3.4% below the all-time closing high of $2,401.50 set on 2024-04-12, in a 52-week range of $1,818.95 to $2,401.50.
Gold is up 11.6% so far in 2024 and up 0.5% over the past week.
Silver rose 2.87% to $27.26, Platinum rose 1.25% to $975.00 and Palladium rose 2.41% to $977.00.
The gold–silver ratio closed at 85.1, meaning one ounce of gold bought 85.1 ounces of silver.
| Metal | Close | Day | Week | YTD | 52-week range |
|---|---|---|---|---|---|
| Gold | $2,319.60 | +1.10% | +0.55% | +11.61% | $1,818.95 – $2,401.50 |
| Silver | $27.26 | +2.87% | +2.27% | +14.59% | $21.06 – $29.03 |
| Platinum | $975.00 | +1.25% | +3.83% | -2.50% | $850.00 – $1,123.00 |
| Palladium | $977.00 | +2.41% | +3.72% | -14.00% | $875.00 – $1,620.00 |
Gold–silver ratio at the close: 85.1 · ratio history
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