Gold Price in May 2017
In May 2017, gold rose 0.5%, from $1,266.10 at the end of April to $1,272.00 per troy ounce on May 31, 2017. The highest close was $1,272.00 on May 31, 2017, the lowest $1,214.30 on May 9, 2017, and the average over 22 trading days was $1,243.76. Today's price is 224.6% higher than the May 2017 close.
Gold price chart, May 2017
US dollars per troy ounce · daily closeDaily Gold Prices, May 2017
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 1Mon | $1,253.30 | −1.01% | $40.29 | ₹25,893 | AED 147.97 |
| May 2Tue | $1,255.10 | +0.14% | $40.35 | ₹25,898 | AED 148.18 |
| May 3Wed | $1,246.40 | −0.69% | $40.07 | ₹25,675 | AED 147.14 |
| May 4Thu | $1,226.50 | −1.60% | $39.43 | ₹25,320 | AED 144.79 |
| May 5Fri | $1,224.80 | −0.14% | $39.38 | ₹25,269 | AED 144.59 |
| May 8Mon | $1,225.30 | +0.04% | $39.39 | ₹25,334 | AED 144.64 |
| May 9Tue | $1,214.30 | −0.90% | $39.04 | ₹25,147 | AED 143.36 |
| May 10Wed | $1,217.30 | +0.25% | $39.14 | ₹25,298 | AED 143.71 |
| May 11Thu | $1,222.70 | +0.44% | $39.31 | ₹25,375 | AED 144.35 |
| May 12Fri | $1,226.20 | +0.29% | $39.42 | ₹25,373 | AED 144.76 |
| May 15Mon | $1,228.60 | +0.20% | $39.50 | ₹25,346 | AED 145.04 |
| May 16Tue | $1,235.00 | +0.52% | $39.71 | ₹25,427 | AED 145.80 |
| May 17Wed | $1,257.50 | +1.82% | $40.43 | ₹25,834 | AED 148.45 |
| May 18Thu | $1,251.70 | −0.46% | $40.24 | ₹25,848 | AED 147.77 |
| May 19Fri | $1,252.70 | +0.08% | $40.28 | ₹26,127 | AED 147.89 |
| May 22Mon | $1,260.70 | +0.64% | $40.53 | ₹26,123 | AED 148.84 |
| May 23Tue | $1,254.80 | −0.47% | $40.34 | ₹26,021 | AED 148.14 |
| May 24Wed | $1,252.40 | −0.19% | $40.27 | ₹26,126 | AED 147.86 |
| May 25Thu | $1,255.80 | +0.27% | $40.37 | ₹26,147 | AED 148.25 |
| May 26Fri | $1,267.60 | +0.94% | $40.75 | ₹26,305 | AED 149.65 |
| May 30Tue | $1,262.10 | −0.43% | $40.58 | ₹26,176 | AED 149.00 |
| May 31Wed | $1,272.00 | +0.78% | $40.90 | ₹26,426 | AED 150.17 |
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 2017: FAQ
What was the price of gold in May 2017?
Gold traded between $1,214.30 and $1,272.00 per troy ounce (daily closes) in May 2017, averaging $1,243.76. It closed the month at $1,272.00.
How much did gold go up in May 2017?
Gold rose 0.5%, from $1,266.10 to $1,272.00. The biggest daily rise was +1.8% on May 17, 2017 and the biggest fall −1.6% on May 4, 2017.
What was the gold price on May 1, 2017?
Gold closed at $1,253.30 per troy ounce on May 1, 2017, the first trading day of the month. 24K India, ₹ per 10 g: ₹25,893.
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.