Gold price on May 31, 2024
Gold closed at $2,348.25 per troy ounce on Friday, May 31, 2024, and fell 0.01% from $2,348.55 at the previous close.
It sits 3.3% below the all-time closing high of $2,427.30 set on 2024-05-21, in a 52-week range of $1,818.95 to $2,427.30.
Gold is up 13.0% so far in 2024 and up 0.2% over the past week.
Silver fell 0.79% to $31.27, Platinum rose 1.55% to $1,048.00 and Palladium rose 0.21% to $949.00.
The gold–silver ratio closed at 75.1, meaning one ounce of gold bought 75.1 ounces of silver.
| Metal | Close | Day | Week | YTD | 52-week range |
|---|---|---|---|---|---|
| Gold | $2,348.25 | -0.01% | +0.24% | +12.98% | $1,818.95 – $2,427.30 |
| Silver | $31.27 | -0.79% | +2.21% | +31.42% | $21.06 – $32.01 |
| Platinum | $1,048.00 | +1.55% | +2.24% | +4.80% | $850.00 – $1,065.00 |
| Palladium | $949.00 | +0.21% | -1.96% | -16.46% | $875.00 – $1,419.00 |
Gold–silver ratio at the close: 75.1 · ratio history
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