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Gold's highest closing price on record
Gold closed at $2,327.70 per troy ounce on 1 June 2024, up $4.800 (0.21%) from the previous close of $2,322.90.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,921.10, making this a +21.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,327.70 per troy ounce on 1 June 2024. That is $4.80 higher than the previous close of $2,322.90, a move of 0.21%.
The gold price rose on 1 June 2024, gaining $4.80 (0.21%) against the previous session's close of $2,322.90.
At $2,327.70 per troy ounce, one gram of pure gold was worth about $74.84 on 1 June 2024. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2024 18k gold was worth about $56.13 per gram and 14k about $43.66 per gram, against $74.84 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.6 on 1 June 2024, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A week before 1 June 2024, gold was around $2,322.90 per troy ounce, so the close of $2,327.70 is a gain of 0.2% over the week.
A month before 1 June 2024, gold was around $2,322.90 per troy ounce, so the close of $2,327.70 is a gain of 0.2% over the month.
A year before 1 June 2024, gold was around $1,921.10 per troy ounce. The close of $2,327.70 therefore represents a rise of 21.2% over twelve months.