What was the gold price on May 31, 2026?

Gold closed at approximately $4,546.40 per troy ounce on May 31, 2026 — about $146.17 per gram and $1,704.93 per tola. This is the international XAU/USD spot price; local retail rates add import duties, taxes and dealer making charges.

Did gold rise or fall on May 31, 2026?

Gold rose about 0.13% on May 31, 2026 versus the previous trading session — moving from $4,540.30 to $4,546.40 per ounce.

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Historical Unit Breakdown

Gold Price in Every Weight Unit — May 31, 2026

International XAU/USD gold closed at $4,546 per troy ounce on this date, equivalent to $146.17 per gram. The table below converts that reference value into every major regional gold weight unit — from the South Asian Tola, Masha and Rattito Bangladesh's Vori, Thailand's Baht, Vietnam's Lượng, Iran's Mesghal, and the Chinese Tael, Mace and Candareen.

South Asian

5 units

UnitWeightPrice (USD)

1 Tolaتولا · तोला

Pakistan, India, Nepal

11.664 g$1,705

1 Mashaماشہ

1/12 Tola

0.972 g$142.08

1 Rattiرتی

1/96 Tola · gemstones

0.1215 g$17.76

1 Vori (Bhori)ভরি

Bangladesh

11.664 g$1,705

1 Ana (Anna)আনা

1/16 Vori

0.729 g$106.56

Metric & Global

3 units

UnitWeightPrice (USD)

1 Gramg

Worldwide standard

1 g$146.17

1 Kilogramkg

Bulk trade

1,000 g$146,170

1 Troy Ounceoz t

LBMA bullion standard

31.1035 g$4,546

East & Southeast Asian

6 units

UnitWeightPrice (USD)

1 HK Tael兩

Hong Kong, Macau

37.429 g$5,471

1 CN Tael兩

Mainland China

31.25 g$4,568

1 Mace錢

1/10 HK Tael

3.7429 g$547.10

1 Candareen分

1/100 HK Tael

0.37429 g$54.71

1 Bahtบาท

Thailand

15.244 g$2,228

1 Luong (Lượng)lượng

Vietnam

37.5 g$5,481

Middle Eastern

2 units

UnitWeightPrice (USD)

1 Mesghalمثقال

Iran

4.6083 g$673.60

1 Mithqalمثقال

Saudi, UAE, Egypt

4.25 g$621.22

Imperial & Western

2 units

UnitWeightPrice (USD)

1 Pennyweightdwt

1/20 Troy Oz

1.55517 g$227.32

1 Graingr

1/480 Troy Oz

0.064799 g$9.47

How to read this historical table

Every price above is derived directly from the international XAU/USD spot rate on this date ($4,546/oz) using fixed weight constants — 1 troy ounce = 31.1035 g, 1 tola = 11.664 g, 1 baht = 15.244 g, 1 lượng = 37.5 g, 1 mesghal = 4.6083 g, and so on. These multipliers are mathematical, not market estimates, so the conversions are exact.

Prices are shown in US dollars only. Historical local-currency gold rates depended on the exchange rate at the time (May 31, 2026 rates for PKR, INR, AED and others were materially different from today). For an accurate same-date local-currency value, see the country-specific archive link below this section when available.

The figures are pure metal value at international parity — they do not include the import duty, VAT/GST, jeweller making charges, or dealer margin that would have applied at retail counters on this date. For wedding-jewellery or coin pricing context, retail in 22K commonly added 5–15% on top of the spot value shown here.

On this day — May 31, 2026

Gold rose 0.13% from the prior trading session ($4,540.30 → $4,546.40 per ounce).

Western wedding season: Western (especially US and European) gold and platinum jewellery demand peaks in May, June and December — combined wedding and gift seasons. US jewellery sales typically see 30–50 percent surges in these months.

Sunday — the international gold market is closed. Spot quotes carry forward from the prior Friday close. Retail rates in jewellery markets may differ slightly based on local Sunday hours.

Day 151 of 365 · Q2 2026 · 41.4% through the year

May 31 across the years — 2020 → 2025

+88.6% over 5 years

20202025

Year	May 31 close	vs prior
May 31, 2025	$3,289.70	+39.41%	View
May 31, 2024	$2,359.73	+28.34%	View
May 31, 2022	$1,838.70	-3.23%	View
May 31, 2021	$1,900.00	+8.90%	View
May 31, 2020	$1,744.69	—	View

Each row is the verified XAU/USD spot close for May 31 of that year. Click any row to open the full daily archive (with country tables for May 31, 2020+).