Gold Price in May 2013
In May 2013, gold fell 5.4%, from $1,472.20 at the end of April to $1,392.60 per troy ounce on May 31, 2013. The highest close was $1,473.90 on May 8, 2013, the lowest $1,364.90 on May 17, 2013, and the average over 22 trading days was $1,416.62. Today's price is 178.4% higher than the May 2013 close.
Gold ended May lower. What usually happens in June after a lower May →
- Gold fell 5.4% in US dollars in May 2013, leaving it down 16.8% for the year to date.
- Measured in other currencies, the change ranged from −6.1% in CNY to +5.7% in ZAR, because exchange rates moved too.
- It did better than silver (−7.9%), and worse than US stocks (+2.3%).
- It closed higher on 7 trading days and lower on 15, with an average daily move of 1.06%.
- At the end of the month it was 26.3% below its highest close since 2000.
- Gold/silver ratio: 61.0 → 62.7.
Gold price chart, May 2013
US dollars per troy ounce · daily closeGold in other currencies, May 2013
| Currency | Change in the month |
|---|---|
| ZAR | +5.7% |
| AUD | +1.4% |
| INR | −0.9% |
| TRY | −1.2% |
| JPY | −1.7% |
| CHF | −2.9% |
| CAD | −3.2% |
| GBP | −3.5% |
| PKR | −3.6% |
| EUR | −4.5% |
| EGP | −4.7% |
| CNY | −6.1% |
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 2013
| Asset | Change (USD) |
|---|---|
| Gold | −5.4% |
| Silver | −7.9% |
| S&P 500 (with dividends) | +2.3% |
| US inflation (CPI, month) | +0.18% |
| Gold, year to date (end of May) | −16.8% |
| Gold/silver ratio | 61.0 → 62.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, May 2013
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 1Wed | $1,446.30 | −1.76% | $46.50 | ₹24,951 | AED 170.75 |
| May 2Thu | $1,467.70 | +1.48% | $47.19 | ₹25,391 | AED 173.27 |
| May 3Fri | $1,464.30 | −0.23% | $47.08 | ₹25,332 | AED 172.87 |
| May 6Mon | $1,468.10 | +0.26% | $47.20 | ₹25,570 | AED 173.32 |
| May 7Tue | $1,449.00 | −1.30% | $46.59 | ₹25,216 | AED 171.07 |
| May 8Wed | $1,473.90 | +1.72% | $47.39 | ₹25,664 | AED 174.01 |
| May 9Thu | $1,468.80 | −0.35% | $47.22 | ₹25,618 | AED 173.41 |
| May 10Fri | $1,436.80 | −2.18% | $46.19 | ₹25,059 | AED 169.63 |
| May 13Mon | $1,434.50 | −0.16% | $46.12 | ₹25,287 | AED 169.35 |
| May 14Tue | $1,424.70 | −0.68% | $45.81 | ₹25,100 | AED 168.20 |
| May 15Wed | $1,396.50 | −1.98% | $44.90 | ₹24,595 | AED 164.87 |
| May 16Thu | $1,387.10 | −0.67% | $44.60 | ₹24,429 | AED 163.76 |
| May 17Fri | $1,364.90 | −1.60% | $43.88 | ₹24,038 | AED 161.14 |
| May 20Mon | $1,384.30 | +1.42% | $44.51 | ₹24,527 | AED 163.43 |
| May 21Tue | $1,377.80 | −0.47% | $44.30 | ₹24,544 | AED 162.66 |
| May 22Wed | $1,367.60 | −0.74% | $43.97 | ₹24,470 | AED 161.46 |
| May 23Thu | $1,392.00 | +1.78% | $44.75 | ₹24,931 | AED 164.34 |
| May 24Fri | $1,386.80 | −0.37% | $44.59 | ₹24,838 | AED 163.72 |
| May 28Tue | $1,379.10 | −0.56% | $44.34 | ₹24,878 | AED 162.82 |
| May 29Wed | $1,391.30 | +0.88% | $44.73 | ₹25,183 | AED 164.25 |
| May 30Thu | $1,411.50 | +1.45% | $45.38 | ₹25,585 | AED 166.64 |
| May 31Fri | $1,392.60 | −1.34% | $44.77 | ₹25,242 | AED 164.41 |
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%. Every May since 1971 →
Gold in May 2013: FAQ
What was the price of gold in May 2013?
Gold traded between $1,364.90 and $1,473.90 per troy ounce (daily closes) in May 2013, averaging $1,416.62. It closed the month at $1,392.60.
How much did gold go down in May 2013?
Gold fell 5.4%, from $1,472.20 to $1,392.60. The biggest daily rise was +1.8% on May 23, 2013 and the biggest fall −2.2% on May 10, 2013.
What was the gold price on May 1, 2013?
Gold closed at $1,446.30 per troy ounce on May 1, 2013, the first trading day of the month. 24K India, ₹ per 10 g: ₹24,951.
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.
How much did gold change in rupees in May 2013?
Gold fell 0.9% in Indian rupee terms in May 2013, compared with −5.4% in US dollars.
Did gold beat stocks in May 2013?
No. Gold was −5.4% for the month, against +2.3% for the S&P 500 with dividends.
Did gold keep up with inflation in May 2013?
US consumer prices (CPI) changed +0.18% in May, so gold's real (inflation-adjusted) change was about −5.6%.
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 2013}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2013/may}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}