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Lowest closing price since 7 November 2025
Gold closed at $4,022.90 per troy ounce on 1 June 2026, down $537.60 (11.79%) from the previous close of $4,560.50.
Notable session: one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,288.90, making this a +22.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,022.90 per troy ounce on 1 June 2026. That is $537.60 lower than the previous close of $4,560.50, a move of -11.79%.
The gold price fell on 1 June 2026, losing $537.60 (11.79%) against the previous session's close of $4,560.50.
At $4,022.90 per troy ounce, one gram of pure gold was worth about $129.34 on 1 June 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 June 2026 18k gold was worth about $97.00 per gram and 14k about $75.45 per gram, against $129.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 67.6 on 1 June 2026, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A week before 1 June 2026, gold was around $4,521.00 per troy ounce, so the close of $4,022.90 is a loss of 11.0% over the week.
A month before 1 June 2026, gold was around $4,560.50 per troy ounce, so the close of $4,022.90 is a loss of 11.8% over the month.
A year before 1 June 2026, gold was around $3,288.90 per troy ounce. The close of $4,022.90 therefore represents a rise of 22.3% over twelve months.