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Highest closing price since 1 December 2000
Gold closed at $270.60 per troy ounce on 1 June 2001, up $5.300 (2.00%) from the previous close of $265.30.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $270.60 per troy ounce on 1 June 2001. That is $5.30 higher than the previous close of $265.30, a move of 2.00%.
The gold price rose on 1 June 2001, gaining $5.30 (2.00%) against the previous session's close of $265.30.
At $270.60 per troy ounce, one gram of pure gold was worth about $8.70 on 1 June 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2001 18k gold was worth about $6.52 per gram and 14k about $5.07 per gram, against $8.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.0 on 1 June 2001, meaning one ounce of gold was worth roughly 63.0 ounces of silver.
A week before 1 June 2001, gold was around $265.30 per troy ounce, so the close of $270.60 is a gain of 2.0% over the week.
A month before 1 June 2001, gold was around $265.30 per troy ounce, so the close of $270.60 is a gain of 2.0% over the month.