Gold Price in May 2010
In May 2010, gold rose 3.8%, from $1,180.10 at the end of April to $1,224.80 per troy ounce on May 31, 2010. The highest close was $1,242.70 on May 11, 2010, the lowest $1,168.60 on May 3, 2010, and the average over 25 trading days was $1,205.17. Today's price is 216.5% higher than the May 2010 close.
Gold ended May higher. What usually happens in June after a higher May →
- Gold rose 3.8% in US dollars in May 2010, leaving it up 11.8% for the year to date.
- Measured in other currencies, the change ranged from +0.8% in JPY to +15.2% in AUD, because exchange rates moved too.
- It did better than silver (−0.4%) and US stocks (−8.0%).
- It closed higher on 12 trading days and lower on 9, with an average daily move of 0.76%.
- It set 2 record closing highs (London price, records since 1968), the last on 12 May.
- Gold/silver ratio: 63.4 → 66.1.
Gold price chart, May 2010
US dollars per troy ounce · daily closeGold in other currencies, May 2010
| Currency | Change in the month |
|---|---|
| AUD | +15.2% |
| EUR | +12.8% |
| CHF | +11.5% |
| INR | +10.4% |
| TRY | +10.3% |
| ZAR | +8.4% |
| GBP | +8.3% |
| CAD | +7.4% |
| EGP | +6.1% |
| PKR | +5.6% |
| CNY | +3.8% |
| JPY | +0.8% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, May 2010
| Asset | Change (USD) |
|---|---|
| Gold | +3.8% |
| Silver | −0.4% |
| S&P 500 (with dividends) | −8.0% |
| US inflation (CPI, month) | +0.08% |
| Gold, year to date (end of May) | +11.8% |
| Gold/silver ratio | 63.4 → 66.1 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, May 2010
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 2Sun | $1,182.70 | +0.22% | $38.02 | ₹16,883 | AED 139.66 |
| May 3Mon | $1,168.60 | −1.19% | $37.57 | ₹16,738 | AED 137.99 |
| May 4Tue | $1,174.60 | +0.51% | $37.76 | ₹16,937 | AED 138.70 |
| May 5Wed | $1,196.90 | +1.90% | $38.48 | ₹17,494 | AED 141.33 |
| May 6Thu | $1,210.00 | +1.09% | $38.90 | ₹17,669 | AED 142.88 |
| May 7Fri | $1,210.00 | 0.00% | $38.90 | ₹17,669 | AED 142.88 |
| May 9Sun | $1,200.40 | −0.79% | $38.59 | ₹17,276 | AED 141.72 |
| May 10Mon | $1,219.90 | +1.62% | $39.22 | ₹17,645 | AED 144.05 |
| May 11Tue | $1,242.70 | +1.87% | $39.95 | ₹17,959 | AED 146.74 |
| May 12Wed | $1,228.80 | −1.12% | $39.51 | ₹17,754 | AED 145.10 |
| May 13Thu | $1,227.40 | −0.11% | $39.46 | ₹17,856 | AED 144.94 |
| May 14Fri | $1,227.40 | 0.00% | $39.46 | ₹17,856 | AED 144.94 |
| May 16Sun | $1,227.70 | +0.02% | $39.47 | ₹17,971 | AED 144.94 |
| May 17Mon | $1,214.30 | −1.09% | $39.04 | ₹17,787 | AED 143.39 |
| May 18Tue | $1,192.60 | −1.79% | $38.34 | ₹17,742 | AED 140.80 |
| May 19Wed | $1,187.80 | −0.40% | $38.19 | ₹17,849 | AED 140.26 |
| May 20Thu | $1,175.70 | −1.02% | $37.80 | ₹17,735 | AED 138.83 |
| May 21Fri | $1,175.70 | 0.00% | $37.80 | ₹17,735 | AED 138.83 |
| May 23Sun | $1,193.80 | +1.54% | $38.38 | ₹17,966 | AED 140.97 |
| May 24Mon | $1,197.80 | +0.34% | $38.51 | ₹18,285 | AED 141.44 |
| May 25Tue | $1,213.30 | +1.29% | $39.01 | ₹18,373 | AED 143.27 |
| May 26Wed | $1,211.90 | −0.12% | $38.96 | ₹18,204 | AED 143.11 |
| May 27Thu | $1,212.20 | +0.02% | $38.97 | ₹18,045 | AED 143.14 |
| May 28Fri | $1,212.20 | 0.00% | $38.97 | ₹18,045 | AED 143.14 |
| May 31Mon | $1,224.80 | +1.04% | $39.38 | ₹18,540 | AED 144.63 |
How May usually goes for gold
In the 20 years from 2006 to 2025, gold rose in May 11 times out of 20, with an average move of +0.6% and a median of +0.3%. Every May since 1971 →
Gold in May 2010: FAQ
What was the price of gold in May 2010?
Gold traded between $1,168.60 and $1,242.70 per troy ounce (daily closes) in May 2010, averaging $1,205.17. It closed the month at $1,224.80.
How much did gold go up in May 2010?
Gold rose 3.8%, from $1,180.10 to $1,224.80. The biggest daily rise was +1.9% on May 5, 2010 and the biggest fall −1.8% on May 18, 2010.
What was the gold price on May 2, 2010?
Gold closed at $1,182.70 per troy ounce on May 2, 2010, the first trading day of the month. 24K India, ₹ per 10 g: ₹16,883.
Is May usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in May 11 times out of 20, with an average move of +0.6% and a median of +0.3%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in May 2010?
Gold rose 10.4% in Indian rupee terms in May 2010, compared with +3.8% in US dollars.
Did gold beat stocks in May 2010?
Yes. Gold was +3.8% for the month, against −8.0% for the S&P 500 with dividends.
Did gold keep up with inflation in May 2010?
US consumer prices (CPI) changed +0.08% in May, so gold's real (inflation-adjusted) change was about +3.7%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinmay, author = {{Corgano}}, title = {Gold Price in May 2010}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2010/may}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}