Gold prices edged lower early Friday as investors shifted focus toward bonds and the U.S. dollar. As of May 16, 2025 (5:27 a.m. ET), gold is trading at $3,206.77 per ounce, a drop of $17.62 or 0.55% on the day.
Gold price snapshot
| Metric | Price | Daily Change |
|---|---|---|
| Gold per ounce | $3,206.77 | -$17.62 (-0.55%) |
| Gold per gram | $103.10 | -$0.57 |
| Gold per kilo | $103,099.97 | -$566.50 |
Source: GoldPrice.org
How gold has performed
Gold remains one of the top-performing commodities of 2025, despite today’s minor pullback.
- 1-month change: -2.76%
- 6-month change: +23.6%
- 1-year change: +33.4%
- 5-year change: +85.9%
- 20-year change: +667%
Gold has gained over $800 per ounce in the past year, largely fueled by inflation concerns, geopolitical tensions, and a flight to hard assets amid currency volatility.
What’s causing today’s decline?
Analysts attribute Friday’s price dip to a rotation into bonds and the U.S. dollar, both of which gained strength this week. As risk appetite fluctuates, some investors are locking in gold profits from recent record highs.
While gold reached new peaks in April, the pullback reflects typical consolidation after a strong rally.
Is it a buying opportunity?
Many analysts view this dip as a potential buy-the-dip moment for long-term investors. With central banks continuing to accumulate gold and inflation remaining persistent, gold remains an attractive hedge asset.
If you’re considering a purchase:
- Check live prices through trusted dealers.
- Compare rates per ounce, gram, and kilo.
- Look for low-premium options such as gold bars over coins.
Key takeaway
The gold price has dropped slightly today, but remains significantly higher year-over-year. Long-term trends remain bullish, and this dip could offer a more favorable entry point for those looking to diversify their portfolios with physical or digital gold assets.