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Highest closing price since 1 August 2011
Gold closed at $1,793.00 per troy ounce on 1 June 2020, up $56.10 (3.23%) from the previous close of $1,736.90.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,409.70, making this a +27.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,793.00 per troy ounce on 1 June 2020. That is $56.10 higher than the previous close of $1,736.90, a move of 3.23%.
The gold price rose on 1 June 2020, gaining $56.10 (3.23%) against the previous session's close of $1,736.90.
At $1,793.00 per troy ounce, one gram of pure gold was worth about $57.65 on 1 June 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2020 18k gold was worth about $43.23 per gram and 14k about $33.63 per gram, against $57.65 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 96.7 on 1 June 2020, meaning one ounce of gold was worth roughly 96.7 ounces of silver.
A week before 1 June 2020, gold was around $1,736.90 per troy ounce, so the close of $1,793.00 is a gain of 3.2% over the week.
A month before 1 June 2020, gold was around $1,736.90 per troy ounce, so the close of $1,793.00 is a gain of 3.2% over the month.
A year before 1 June 2020, gold was around $1,409.70 per troy ounce. The close of $1,793.00 therefore represents a rise of 27.2% over twelve months.