Gold Price in May 2012
In May 2012, gold fell 6.1%, from $1,663.40 at the end of April to $1,562.60 per troy ounce on May 31, 2012. The highest close was $1,661.70 on May 1, 2012, the lowest $1,536.20 on May 16, 2012, and the average over 22 trading days was $1,588.28. Today's price is 164.5% higher than the May 2012 close.
Gold price chart, May 2012
US dollars per troy ounce · daily closeDaily Gold Prices, May 2012
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 1Tue | $1,661.70 | −0.10% | $53.42 | ₹28,132 | AED 196.22 |
| May 2Wed | $1,653.40 | −0.50% | $53.16 | ₹27,924 | AED 195.20 |
| May 3Thu | $1,634.20 | −1.16% | $52.54 | ₹27,825 | AED 192.93 |
| May 4Fri | $1,644.70 | +0.64% | $52.88 | ₹28,241 | AED 194.17 |
| May 7Mon | $1,638.60 | −0.37% | $52.68 | ₹28,168 | AED 193.45 |
| May 8Tue | $1,604.00 | −2.11% | $51.57 | ₹27,282 | AED 189.36 |
| May 9Wed | $1,593.70 | −0.64% | $51.24 | ₹27,217 | AED 188.15 |
| May 10Thu | $1,595.10 | +0.09% | $51.28 | ₹27,600 | AED 188.31 |
| May 11Fri | $1,583.60 | −0.72% | $50.91 | ₹27,113 | AED 186.96 |
| May 14Mon | $1,560.60 | −1.45% | $50.17 | ₹26,908 | AED 184.24 |
| May 15Tue | $1,556.80 | −0.24% | $50.05 | ₹27,007 | AED 183.79 |
| May 16Wed | $1,536.20 | −1.32% | $49.39 | ₹26,566 | AED 181.36 |
| May 17Thu | $1,574.50 | +2.49% | $50.62 | ₹27,583 | AED 185.88 |
| May 18Fri | $1,591.60 | +1.09% | $51.17 | ₹27,872 | AED 187.90 |
| May 21Mon | $1,588.40 | −0.20% | $51.07 | ₹27,790 | AED 187.53 |
| May 22Tue | $1,576.30 | −0.76% | $50.68 | ₹27,888 | AED 186.10 |
| May 23Wed | $1,548.10 | −1.79% | $49.77 | ₹27,568 | AED 182.77 |
| May 24Thu | $1,557.30 | +0.59% | $50.07 | ₹28,035 | AED 183.90 |
| May 25Fri | $1,568.80 | +0.74% | $50.44 | ₹28,023 | AED 185.21 |
| May 29Tue | $1,548.60 | −1.29% | $49.79 | ₹27,567 | AED 182.82 |
| May 30Wed | $1,563.40 | +0.96% | $50.26 | ₹27,981 | AED 184.57 |
| May 31Thu | $1,562.60 | −0.05% | $50.24 | ₹28,248 | AED 184.48 |
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 2012: FAQ
What was the price of gold in May 2012?
Gold traded between $1,536.20 and $1,661.70 per troy ounce (daily closes) in May 2012, averaging $1,588.28. It closed the month at $1,562.60.
How much did gold go down in May 2012?
Gold fell 6.1%, from $1,663.40 to $1,562.60. The biggest daily rise was +2.5% on May 17, 2012 and the biggest fall −2.1% on May 8, 2012.
What was the gold price on May 1, 2012?
Gold closed at $1,661.70 per troy ounce on May 1, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹28,132.
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.