In acidic aqueous solutions, gluconate protonation is coupled with lactonization of gluconic acid. With the decrease of pC H , two lactones (δ/γ) are sequentially formed. The δ-lactone forms more readily than the γ-lactone. In 0.1 M gluconate solutions, if pC H is above 2.5, only the δ-lactone is generated. When pC H is decreased below 2.0, the formation of the γ-lactone is observable although the δ-lactone predominates. At I = 0.1 M NaClO 4 and room temperature, the deprotonation constant of the carboxylic group, using the NMR technique, was determined to be log K a = 3.30 ± 0.02; the δ-lactonization constant, by the batch potentiometric titrations, was obtained to be log K L = -(0.54 ± 0.04). Using ESI-MS, the rate constants of the δ-lactonization and the hydrolysis at pC H ~ 5.0 were estimated to be k 1 = 3.2 x 10 -5 s -1 and k -1 = 1.1 x 10 -4 s -1 , respectively.