Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 12 June 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $271.50 per troy ounce on 12 June 2001, up $3.600 (1.34%) from the previous close of $267.90.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 5.53% below the highest gold close recorded up to that date, set on 2001-05-18.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $271.50 per troy ounce on 12 June 2001. That is $3.60 higher than the previous close of $267.90, a move of 1.34%.
The gold price rose on 12 June 2001, gaining $3.60 (1.34%) against the previous session's close of $267.90.
At $271.50 per troy ounce, one gram of pure gold was worth about $8.73 on 12 June 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2001 18k gold was worth about $6.55 per gram and 14k about $5.09 per gram, against $8.73 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.2 on 12 June 2001, meaning one ounce of gold was worth roughly 62.2 ounces of silver.
A week before 12 June 2001, gold was around $265.70 per troy ounce, so the close of $271.50 is a gain of 2.2% over the week.
It closed 5.53% below the highest close on record up to that date, which was set on 2001-05-18.