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Highest closing price since 1 February 2014
Gold closed at $1,318.40 per troy ounce on 1 June 2016, up $29.20 (2.26%) from the previous close of $1,289.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,171.50, making this a +12.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,318.40 per troy ounce on 1 June 2016. That is $29.20 higher than the previous close of $1,289.20, a move of 2.26%.
The gold price rose on 1 June 2016, gaining $29.20 (2.26%) against the previous session's close of $1,289.20.
At $1,318.40 per troy ounce, one gram of pure gold was worth about $42.39 on 1 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2016 18k gold was worth about $31.79 per gram and 14k about $24.73 per gram, against $42.39 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.0 on 1 June 2016, meaning one ounce of gold was worth roughly 71.0 ounces of silver.
A week before 1 June 2016, gold was around $1,289.20 per troy ounce, so the close of $1,318.40 is a gain of 2.3% over the week.
A month before 1 June 2016, gold was around $1,289.20 per troy ounce, so the close of $1,318.40 is a gain of 2.3% over the month.
A year before 1 June 2016, gold was around $1,171.50 per troy ounce. The close of $1,318.40 therefore represents a rise of 12.5% over twelve months.