Price history · May 2026
Gold price in May 2026
Gold fell 1.4% in May 2026, closing at $4,545.95 on May 29, 2026. The month's high was $4,743.35 on May 7 and its low $4,419.45 on May 28; the average price was $4,587.52, down 2.9% on April's. That left gold up 4.1% for 2026 so far.
- Close$4,545.95May 29 · −1.4% on the month
- Open$4,636.90May 1
- High$4,743.35May 7
- Low$4,419.45May 28
- Average$4,587.52−2.9% vs Apr average
- 2026 so far+4.1%since Dec 30, 2025
Gold opened May 2026 at $4,636.90 and closed at $4,545.95; high $4,743.35 on May 7, 2026, low $4,419.45 on May 28, 2026.
Gold day by day in May 2026
Each trading day's change against the previous trading day's price. May 1 is compared with Apr 30, the last price of April 2026.
| Day | Change | Size of the move |
|---|---|---|
| Fri May 1 | +0.55% | |
| Tue May 5 | −1.30% | |
| Wed May 6 | +2.84% | |
| Thu May 7 | +0.77% | |
| Fri May 8 | −0.04% | |
| Mon May 11 | −0.26% | |
| Tue May 12 | −1.07% | |
| Wed May 13 | −0.06% | |
| Thu May 14 | +0.16% | |
| Fri May 15 | −3.31% | |
| Mon May 18 | +0.83% | |
| Tue May 19 | −1.50% | |
| Wed May 20 | −0.31% | |
| Thu May 21 | +0.50% | |
| Fri May 22 | +0.02% | |
| Tue May 26 | +0.21% | |
| Wed May 27 | −1.98% | |
| Thu May 28 | −0.15% | |
| Fri May 29 | +2.86% |
- Days up9of 19 trading days
- Days down10of 19 trading days
- Largest rise+2.86%May 29
- Largest fall−3.31%May 15
- Typical daily move0.55%median size of a day's move, up or down
LBMA Gold Price PM (daily benchmark), 19 trading days. Moves are worked out from the daily prices; the daily LBMA prices themselves are not listed (see sources below). Past moves, not a forecast.
What moved gold in May 2026
Gold drifted 1.4% lower. Hot US inflation data on May 12 lifted bond yields and talk of Fed rate hikes, and gold fell 3.3% on May 15. India raised its import duties on gold and silver in the same week. A 2.9% rally on May 29, on hopes of a US-Iran truce, trimmed the loss.
Largest one-day rise: +2.9% on May 29. Largest one-day fall: −3.3% on May 15.
Day-by-day news for May 2026 is on our gold and silver price timeline, with a short brief for each trading day.
What is moving gold now: today's market news.
Written by the Bullion Trading LLC editorial team from the price data and our daily news briefs, which summarise reports by Reuters, Kitco, Bloomberg and other outlets. Past moves, not a forecast.
May 2026 compared
| Month | Average | High | Low | Close | Change |
|---|---|---|---|---|---|
| May 2026 | $4,587.52 | $4,743.35 | $4,419.45 | $4,545.95 | −1.4% |
| April 2026 | $4,723.88 | $4,870.50 | $4,522.10 | $4,611.35 | +0.1% |
| May 2025 | $3,277.99 | $3,392.25 | $3,182.95 | $3,277.55 | −0.7% |
Gold's May 2026 average was 39.9% above its May 2025 average. The highest daily price of 2026 up to the end of May was $5,405.00 on January 29, 2026.
US dollars per troy ounce. Change = the month's last price against the previous month's last price.
Gold month by month
Gold price in 2026 →For today's gold price, see the live spot price page and today's market news, or shop gold bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.
Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries and daily percentage moves only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.