Gold Price in May 2026
This page covers XAU/USD so far in May 2026: daily LBMA AM/PM fixes, monthly high, low, and average, and the macro events that drove significant moves. One troy ounce = 31.1035 g. Source: LBMA via Swissquote ECN.
May 2026Key Facts
- Period
- May 2026
- Price basis
- XAU/USD per troy ounce (LBMA fix)
- Data source
- LBMA AM/PM benchmark
- Coverage
- 1–31 May 2026
- Refresh cadence
- Daily
- Last refresh
- 2026-05-10
What this means
Monthly gold price data provides higher-resolution analysis than annual data — showing how a single Fed meeting, CPI print, or geopolitical event translated into specific price moves. The May 2026 LBMA data covers every business day from the 1st to the last trading day of the month.
Gold prices within a month are driven by scheduled macro events (central bank meetings, CPI releases, non-farm payrolls) and unscheduled events (geopolitical shocks, bank failures). Monthly analysis reveals which events were already priced in and which produced genuine surprises.
Daily price data for May 2026 — including the daily close table, monthly high, low, and average — will be displayed once the gold_price_history database has been populated from the LBMA historical dataset.
Daily LBMA data. The LBMA publishes AM (10:30 GMT) and PM (15:00 GMT) fixes every London business day. Monthly high = highest PM fix in May 2026; monthly low = lowest PM fix. Monthly average = arithmetic mean of all PM fixes in the month.
Intra-month volatility. Gold's average true range (ATR) is $15–40/oz in normal markets, $50–100+/oz during major macro events. A one-month window in May 2026 typically contains 2–5 significant price moves worth cataloguing.
Context within the year. Monthly data is most useful read against the annual trend. A month where gold fell 3% looks different if the annual trend is +20% (profit-taking) versus −10% (continuation). The annual page for 2026 provides this broader context.
Frequently Asked Questions
What was the gold price in May 2026?
The XAU/USD gold price for May 2026 is based on daily LBMA AM/PM fixes. Monthly high, low, and average will be displayed once the historical price database is populated.What events moved gold in May 2026?
Major monthly drivers include Fed decisions, US CPI/PCE releases, non-farm payrolls, geopolitical events, and central bank purchase announcements. This page will provide a month-specific breakdown once price data is loaded.How does May 2026 compare to other months?
May has a seasonal pattern: stronger in Q1 (Chinese New Year) and Q4 (Diwali, Christmas), weaker in the northern summer. May 2026 can be benchmarked against the same month in prior years to isolate seasonal effects from fundamental price drivers.Where can I find historical gold price data?
The LBMA publishes historical AM and PM benchmark data from 1968. FRED (stlouisfed.org, series GOLDAMGBD228NLBM) covers 1968+. For 1945–1967, the Bretton Woods fixed price of $35/oz applies. Goldetect's historical pages aggregate this data in a user-friendly format.