Gold Price in May 2005
In May 2005, gold fell 4.3%, from $435.00 at the end of April to $416.30 per troy ounce on May 31, 2005. The highest close was $429.80 on May 5, 2005, the lowest $416.30 on May 31, 2005, and the average over 21 trading days was $422.30. Today's price is 892.6% higher than the May 2005 close.
Gold price chart, May 2005
US dollars per troy ounce · daily closeDaily Gold Prices, May 2005
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| May 2Mon | $429.50 | −1.26% | $13.81 | ₹6,007 | AED 50.69 |
| May 3Tue | $426.70 | −0.65% | $13.72 | ₹5,970 | AED 50.39 |
| May 4Wed | $429.00 | +0.54% | $13.79 | ₹5,994 | AED 50.63 |
| May 5Thu | $429.80 | +0.19% | $13.82 | ₹5,990 | AED 50.75 |
| May 6Fri | $426.10 | −0.86% | $13.70 | ₹5,950 | AED 50.32 |
| May 9Mon | $426.20 | +0.02% | $13.70 | ₹5,952 | AED 50.33 |
| May 10Tue | $427.20 | +0.23% | $13.73 | ₹5,955 | AED 50.43 |
| May 11Wed | $427.20 | 0.00% | $13.73 | ₹5,936 | AED 50.43 |
| May 12Thu | $421.60 | −1.31% | $13.55 | ₹5,861 | AED 49.77 |
| May 13Fri | $420.20 | −0.33% | $13.51 | ₹5,863 | AED 49.62 |
| May 16Mon | $418.90 | −0.31% | $13.47 | ₹5,845 | AED 49.46 |
| May 17Tue | $419.40 | +0.12% | $13.48 | ₹5,855 | AED 49.51 |
| May 18Wed | $421.50 | +0.50% | $13.55 | ₹5,879 | AED 49.75 |
| May 19Thu | $420.50 | −0.24% | $13.52 | ₹5,865 | AED 49.64 |
| May 20Fri | $417.40 | −0.74% | $13.42 | ₹5,814 | AED 49.29 |
| May 23Mon | $416.60 | −0.19% | $13.39 | ₹5,816 | AED 49.18 |
| May 24Tue | $417.50 | +0.22% | $13.42 | ₹5,836 | AED 49.28 |
| May 25Wed | $418.80 | +0.31% | $13.46 | ₹5,852 | AED 49.44 |
| May 26Thu | $418.00 | −0.19% | $13.44 | ₹5,846 | AED 49.34 |
| May 27Fri | $419.80 | +0.43% | $13.50 | ₹5,871 | AED 49.57 |
| May 31Tue | $416.30 | −0.83% | $13.38 | ₹5,838 | AED 49.14 |
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 2005: FAQ
What was the price of gold in May 2005?
Gold traded between $416.30 and $429.80 per troy ounce (daily closes) in May 2005, averaging $422.30. It closed the month at $416.30.
How much did gold go down in May 2005?
Gold fell 4.3%, from $435.00 to $416.30. The biggest daily rise was +0.5% on May 4, 2005 and the biggest fall −1.3% on May 12, 2005.
What was the gold price on May 2, 2005?
Gold closed at $429.50 per troy ounce on May 2, 2005, the first trading day of the month. 24K India, ₹ per 10 g: ₹6,007.
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.