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Lowest closing price since 1 July 2010
Gold closed at $1,223.80 per troy ounce on 1 June 2013, down $168.80 (12.12%) from the previous close of $1,392.60.
Notable session: lowest close of the year; one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,603.50, making this a -23.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,223.80 per troy ounce on 1 June 2013. That is $168.80 lower than the previous close of $1,392.60, a move of -12.12%.
The gold price fell on 1 June 2013, losing $168.80 (12.12%) against the previous session's close of $1,392.60.
At $1,223.80 per troy ounce, one gram of pure gold was worth about $39.35 on 1 June 2013. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2013 18k gold was worth about $29.51 per gram and 14k about $22.95 per gram, against $39.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.9 on 1 June 2013, meaning one ounce of gold was worth roughly 62.9 ounces of silver.
A week before 1 June 2013, gold was around $1,392.60 per troy ounce, so the close of $1,223.80 is a loss of 12.1% over the week.
A month before 1 June 2013, gold was around $1,392.60 per troy ounce, so the close of $1,223.80 is a loss of 12.1% over the month.
A year before 1 June 2013, gold was around $1,603.50 per troy ounce. The close of $1,223.80 therefore represents a fall of 23.7% over twelve months.