Loading…
Highest closing price since 1 March 2012
Gold closed at $1,603.50 per troy ounce on 1 June 2012, up $40.90 (2.62%) from the previous close of $1,562.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,502.30, making this a +6.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,603.50 per troy ounce on 1 June 2012. That is $40.90 higher than the previous close of $1,562.60, a move of 2.62%.
The gold price rose on 1 June 2012, gaining $40.90 (2.62%) against the previous session's close of $1,562.60.
At $1,603.50 per troy ounce, one gram of pure gold was worth about $51.55 on 1 June 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2012 18k gold was worth about $38.67 per gram and 14k about $30.07 per gram, against $51.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 58.1 on 1 June 2012, meaning one ounce of gold was worth roughly 58.1 ounces of silver.
A week before 1 June 2012, gold was around $1,562.60 per troy ounce, so the close of $1,603.50 is a gain of 2.6% over the week.
A month before 1 June 2012, gold was around $1,562.60 per troy ounce, so the close of $1,603.50 is a gain of 2.6% over the month.
A year before 1 June 2012, gold was around $1,502.30 per troy ounce. The close of $1,603.50 therefore represents a rise of 6.7% over twelve months.