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Gold's highest closing price on record
Gold closed at $1,245.50 per troy ounce on 1 June 2010, up $33.30 (2.75%) from the previous close of $1,212.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $927.10, making this a +34.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,245.50 per troy ounce on 1 June 2010. That is $33.30 higher than the previous close of $1,212.20, a move of 2.75%.
The gold price rose on 1 June 2010, gaining $33.30 (2.75%) against the previous session's close of $1,212.20.
At $1,245.50 per troy ounce, one gram of pure gold was worth about $40.04 on 1 June 2010. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2010 18k gold was worth about $30.03 per gram and 14k about $23.36 per gram, against $40.04 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.7 on 1 June 2010, meaning one ounce of gold was worth roughly 66.7 ounces of silver.
A week before 1 June 2010, gold was around $1,212.20 per troy ounce, so the close of $1,245.50 is a gain of 2.7% over the week.
A month before 1 June 2010, gold was around $1,212.20 per troy ounce, so the close of $1,245.50 is a gain of 2.7% over the month.
A year before 1 June 2010, gold was around $927.10 per troy ounce. The close of $1,245.50 therefore represents a rise of 34.3% over twelve months.