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Gold Price in May 2009

In May 2009, gold rose 9.9%, from $890.70 at the end of April to $978.80 per troy ounce on May 29, 2009. The highest close was $978.80 on May 29, 2009, the lowest $887.60 on May 1, 2009, and the average over 20 trading days was $929.71. Today's price is 312.6% higher than the May 2009 close.

End of April
$890.70
Month-end close
$978.80
May 29
Change
+9.9%
High
$978.80
May 29
Low
$887.60
May 1
Average
$929.71
20 trading days

Gold price chart, May 2009

US dollars per troy ounce · daily close
$880$933$986Apr 30May 5May 11May 14May 19May 26May 29

Daily Gold Prices, May 2009

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
May 1Fri$887.60−0.35% $28.54 ₹14,038AED 104.81
May 4Mon$901.60+1.58% $28.99 ₹14,381AED 106.44
May 5Tue$903.70+0.23% $29.05 ₹14,327AED 106.66
May 6Wed$910.50+0.75% $29.27 ₹14,434AED 107.46
May 7Thu$915.00+0.49% $29.42 ₹14,471AED 107.99
May 8Fri$914.40−0.07% $29.40 ₹14,449AED 107.97
May 11Mon$913.00−0.15% $29.35 ₹14,469AED 107.79
May 12Tue$923.50+1.15% $29.69 ₹14,630AED 109.00
May 13Wed$925.50+0.22% $29.76 ₹14,738AED 109.23
May 14Thu$928.00+0.27% $29.84 ₹14,845AED 109.53
May 15Fri$930.90+0.31% $29.93 ₹14,789AED 109.92
May 18Mon$921.30−1.03% $29.62 ₹14,096AED 108.74
May 19Tue$926.30+0.54% $29.78 ₹14,125AED 109.33
May 20Wed$937.00+1.16% $30.13 ₹14,228AED 110.59
May 21Thu$950.80+1.47% $30.57 ₹14,438AED 112.20
May 22Fri$958.50+0.81% $30.82 ₹14,528AED 113.11
May 26Tue$953.10−0.56% $30.64 ₹14,563AED 112.49
May 27Wed$953.20+0.01% $30.65 ₹14,560AED 112.50
May 28Thu$961.50+0.87% $30.91 ₹14,688AED 113.48
May 29Fri$978.80+1.80% $31.47 ₹14,781AED 115.51
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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 2009: FAQ

What was the price of gold in May 2009?

Gold traded between $887.60 and $978.80 per troy ounce (daily closes) in May 2009, averaging $929.71. It closed the month at $978.80.

How much did gold go up in May 2009?

Gold rose 9.9%, from $890.70 to $978.80. The biggest daily rise was +1.8% on May 29, 2009 and the biggest fall −1.0% on May 18, 2009.

What was the gold price on May 1, 2009?

Gold closed at $887.60 per troy ounce on May 1, 2009, the first trading day of the month. 24K India, ₹ per 10 g: ₹14,038.

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.