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Lowest closing price since 1 February 2023
Gold closed at $1,921.10 per troy ounce on 1 June 2023, down $42.80 (2.18%) from the previous close of $1,963.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,804.10, making this a +6.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,921.10 per troy ounce on 1 June 2023. That is $42.80 lower than the previous close of $1,963.90, a move of -2.18%.
The gold price fell on 1 June 2023, losing $42.80 (2.18%) against the previous session's close of $1,963.90.
At $1,921.10 per troy ounce, one gram of pure gold was worth about $61.76 on 1 June 2023. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2023 18k gold was worth about $46.32 per gram and 14k about $36.03 per gram, against $61.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 84.2 on 1 June 2023, meaning one ounce of gold was worth roughly 84.2 ounces of silver.
A week before 1 June 2023, gold was around $1,963.90 per troy ounce, so the close of $1,921.10 is a loss of 2.2% over the week.
A month before 1 June 2023, gold was around $1,963.90 per troy ounce, so the close of $1,921.10 is a loss of 2.2% over the month.
A year before 1 June 2023, gold was around $1,804.10 per troy ounce. The close of $1,921.10 therefore represents a rise of 6.5% over twelve months.