Gold Price on May 2026 16
Close (24K, USD)
$4,540.49
Change vs previous close: $-0.76 (-0.02%)
Open
$4540.49
High
$4540.49
Low
$4540.49
Range: $4540.49 − $4540.49 = $0.00 (0.00%)
On May 2026 16, the gold price was 4,540.49 per ounce. The price of gold per gram is 145.98.
Nearby closes (24K, USD/oz)
May 16: $4,540.49/oz · this page
Tap a point to highlight · Range: $4,491.42 – $4,715.60/oz (11 days) · Orange dot = this page
±6 calendar days with data; labels sit under each point. Highlighted dot = this page.
Gold Value Calculator
Adjust this price to project a future value. 24K per troy oz.
Total gold value$851.60
Current 14K price • $85.16/gram • $2648.77/oz
Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.
| Gold | Open | High | Low | Close (Price) | Change |
|---|---|---|---|---|---|
| 24K 1Gram | $145.98 | $145.98 | $145.98 | $145.98 | $-0.02 |
| 22K 1Gram | $133.82 | $133.82 | $133.82 | $133.82 | $-0.02 |
| 18K 1Gram | $109.49 | $109.49 | $109.49 | $109.49 | $-0.01 |
| 14K 1Gram | $85.16 | $85.16 | $85.16 | $85.16 | $-0.01 |
| 10K 1Gram | $60.83 | $60.83 | $60.83 | $60.83 | $-0.01 |
| Ounce (24K) | $4540.49 | $4540.49 | $4540.49 | $4540.49 | $-0.76 |
Prices as of May 16, 2026, 11:59 PM • via Market data. Open/Close are the first/last snapshots recorded for the UTC day.
FAQ
What does OHLC mean for gold prices?
OHLC stands for Open, High, Low, Close for the day. These values summarize how price moved during a single day.
Is this the exact market close?
Not necessarily. Gold trades nearly 24/5, and different data providers can define “daily close” differently (timing, timezone, conventions). Small differences are normal.
How do you convert gold price per ounce to per gram?
We use 1 troy ounce = 31.1035 grams. Per-gram prices are derived from the same snapshot and purity ratios.
Daily gold price archive (USD, UTC)
Official daily OHLC by calendar day—useful for “gold price today” and month history. Live calculator rates above may differ slightly.