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Lowest closing price since 1 October 2014
Gold closed at $1,171.50 per troy ounce on 1 June 2015, down $17.90 (1.50%) from the previous close of $1,189.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,245.60, making this a -5.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,171.50 per troy ounce on 1 June 2015. That is $17.90 lower than the previous close of $1,189.40, a move of -1.50%.
The gold price fell on 1 June 2015, losing $17.90 (1.50%) against the previous session's close of $1,189.40.
At $1,171.50 per troy ounce, one gram of pure gold was worth about $37.66 on 1 June 2015. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2015 18k gold was worth about $28.25 per gram and 14k about $21.97 per gram, against $37.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.3 on 1 June 2015, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A week before 1 June 2015, gold was around $1,189.40 per troy ounce, so the close of $1,171.50 is a loss of 1.5% over the week.
A month before 1 June 2015, gold was around $1,189.40 per troy ounce, so the close of $1,171.50 is a loss of 1.5% over the month.
A year before 1 June 2015, gold was around $1,245.60 per troy ounce. The close of $1,171.50 therefore represents a fall of 5.9% over twelve months.