Gold Price May 2025: Monthly Report
Published June 1, 2025
Key takeaways
- Gold rose 1.63% in May 2025, ending at $3,292.10 an ounce.
- A gram of 21K gold is worth 92.61 USD in the USA (up 1.48 USD on the month).
- Since the start of 2025, gold is up 25.43%.
Month close
$3,292.10
Monthly change
+1.63%
Highest close
$3,404.95
Lowest close
$3,176.28
Average close
$3,288.24
Since start of 2025
+25.43%
May 2025 in brief
Gold rose in May 2025 (+1.63%), closing at $3,292.10 an ounce after ending the previous month at $3,239.46 (+$52.65).
Its highest close was $3,404.95 on Wednesday, May 7 and its lowest $3,176.28 on Wednesday, May 14; the average close was $3,288.24.
Gold closed higher on 12 of 22 trading days. The biggest daily rise was +4.18% on Monday, May 5 and the biggest drop −3.33% on Thursday, May 8.
Silver ended the month at $32.98 an ounce.
Daily closes in May 2025 (USD per ounce)
How May 2025 compares
| Period | Price then | Change since |
|---|---|---|
| 1 month ago | $3,239.46 | +1.63% |
| 3 months ago | $2,858.62 | +15.16% |
| 1 year ago | $2,327.82 | +41.42% |
| Start of 2025 | $2,624.63 | +25.43% |
What gold jewelry is worth this week
Value of the gold in common pieces at the month's last close, and the change from the end of the previous month. Shops add making charges and taxes on top.
Gold price per gram in local currencies
Prices of pure gold at the month's last close, before any shop markup, making charges or VAT.
| Country | 24K | 22K | 21K | 18K | Month |
|---|---|---|---|---|---|
| USA | 105.84 USD | 97.03 USD | 92.61 USD | 79.38 USD | +1.63% |
| UK | 78.67 GBP | 72.12 GBP | 68.84 GBP | 59.00 GBP | +0.51% |
| United Arab Emirates | 388.71 AED | 356.33 AED | 340.12 AED | 291.53 AED | +1.63% |
| India | 9,053.81 INR | 8,299.63 INR | 7,922.09 INR | 6,790.36 INR | +2.78% |
| Saudi Arabia | 396.91 SAR | 363.85 SAR | 347.30 SAR | 297.68 SAR | +1.63% |
| Egypt | 5,243.09 EGP | 4,806.34 EGP | 4,587.71 EGP | 3,932.32 EGP | −1.06% |
| Morocco | 977.05 MAD | 895.67 MAD | 854.92 MAD | 732.79 MAD | +1.13% |
| Kuwait | 32.48 KWD | 29.77 KWD | 28.42 KWD | 24.36 KWD | +1.77% |
| Qatar | 385.27 QAR | 353.18 QAR | 337.11 QAR | 288.95 QAR | +1.63% |
| Jordan | 75.04 JOD | 68.79 JOD | 65.66 JOD | 56.28 JOD | +1.63% |
| Pakistan | 29,844.34 PKR | 27,358.31 PKR | 26,113.80 PKR | 22,383.26 PKR | +1.72% |
| Turkey | 4,148.85 TRY | 3,803.25 TRY | 3,630.25 TRY | 3,111.64 TRY | +3.30% |
| France | 93.26 EUR | 85.50 EUR | 81.61 EUR | 69.95 EUR | +1.26% |
| Canada | 145.72 CAD | 133.58 CAD | 127.50 CAD | 109.29 CAD | +1.45% |
Moroccan souk prices (estimate)
Estimated prices per gram in Moroccan dirhams at the month's last close, based on the usual premium, buyback discount and making charges in the souk.
| Karat | Souk price | Buyback (used gold) | New jewelry |
|---|---|---|---|
| 18K | 795 | 724 | 855 – 995 |
| 21K | 928 | 844 | 988 – 1,128 |
| 24K | 1,060 | 965 | — |
Estimates only: prices vary between cities and shops. Live souk prices in Morocco
Questions about the gold price in May 2025
What was the gold price at the end of May 2025?
Gold ended May 2025 at $3,292.10 per troy ounce on May 30, 2025, about $105.84 per gram of 24K gold.
Did gold go up or down in May 2025?
Gold rose in May 2025 (+1.63%), closing at $3,292.10 an ounce after ending the previous month at $3,239.46 (+$52.65).
What was the highest gold price in May 2025?
The highest daily close in May 2025 was $3,404.95 on Wednesday, May 7, and the lowest was $3,176.28 on Wednesday, May 14.
How much was a gram of 21K gold in the USA at the end of May 2025?
At the month's last close, a gram of 21K gold in the USA was worth 92.61 USD, compared with 105.84 USD for 24K and 79.38 USD for 18K. Over the month the price rose 1.63%. Shops add making charges and taxes.
How this report is made
Gold prices are daily closing levels of spot gold in US dollars per troy ounce, recorded by GoldZag or taken from public daily exchange-rate data. Local prices convert the same close with that day's exchange rate (1 troy ounce = 31.1035 g). The report is generated automatically on the 1st of every month and is for information only.
Prices are daily closing levels of spot gold converted with that day's exchange rates. This report is for information only and is not financial advice.