Gold Price in May 2001
In May 2001, gold rose 0.5%, from $264.00 at the end of April to $265.30 per troy ounce on May 31, 2001. The highest close was $287.40 on May 18, 2001, the lowest $264.40 on May 1, 2001, and the average over 22 trading days was $272.08. Today's price is 1,456.0% higher than the May 2001 close.
Gold price chart, May 2001
US dollars per troy ounce · daily closeDaily Gold Prices, May 2001
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| May 1Tue | $264.40 | +0.15% | $8.50 |
| May 2Wed | $265.40 | +0.38% | $8.53 |
| May 3Thu | $266.30 | +0.34% | $8.56 |
| May 4Fri | $266.10 | −0.08% | $8.56 |
| May 7Mon | $266.10 | 0.00% | $8.56 |
| May 8Tue | $265.10 | −0.38% | $8.52 |
| May 9Wed | $270.00 | +1.85% | $8.68 |
| May 10Thu | $269.10 | −0.33% | $8.65 |
| May 11Fri | $267.90 | −0.45% | $8.61 |
| May 14Mon | $268.30 | +0.15% | $8.63 |
| May 15Tue | $268.10 | −0.07% | $8.62 |
| May 16Wed | $272.00 | +1.45% | $8.75 |
| May 17Thu | $273.60 | +0.59% | $8.80 |
| May 18Fri | $287.40 | +5.04% | $9.24 |
| May 21Mon | $285.40 | −0.70% | $9.18 |
| May 22Tue | $285.10 | −0.11% | $9.17 |
| May 23Wed | $283.60 | −0.53% | $9.12 |
| May 24Thu | $279.10 | −1.59% | $8.97 |
| May 25Fri | $277.90 | −0.43% | $8.93 |
| May 29Tue | $273.80 | −1.48% | $8.80 |
| May 30Wed | $265.70 | −2.96% | $8.54 |
| May 31Thu | $265.30 | −0.15% | $8.53 |
How May usually goes for gold
In the 20 years from 2006 to 2025, gold rose in May 9 times out of 20, with an average move of −0.2% and a median of −1.1%.
Gold in May 2001: FAQ
What was the price of gold in May 2001?
Gold traded between $264.40 and $287.40 per troy ounce (daily closes) in May 2001, averaging $272.08. It closed the month at $265.30.
How much did gold go up in May 2001?
Gold rose 0.5%, from $264.00 to $265.30. The biggest daily rise was +5.0% on May 18, 2001 and the biggest fall −3.0% on May 30, 2001.
What was the gold price on May 1, 2001?
Gold closed at $264.40 per troy ounce on May 1, 2001, the first trading day of the month.
Is May usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in May 9 times out of 20, with an average move of −0.2% and a median of −1.1%. Past seasonal patterns are not a reliable guide to any single year.