Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 12 June 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,612.70 per troy ounce on 12 June 2012, up $17.20 (1.08%) from the previous close of $1,595.50.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 14.61% below the highest gold close recorded up to that date, set on 2011-08-22.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,528.60, making this a +5.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,612.70 per troy ounce on 12 June 2012. That is $17.20 higher than the previous close of $1,595.50, a move of 1.08%.
The gold price rose on 12 June 2012, gaining $17.20 (1.08%) against the previous session's close of $1,595.50.
At $1,612.70 per troy ounce, one gram of pure gold was worth about $51.85 on 12 June 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2012 18k gold was worth about $38.89 per gram and 14k about $30.25 per gram, against $51.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 55.7 on 12 June 2012, meaning one ounce of gold was worth roughly 55.7 ounces of silver.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 14.61% below the highest close on record up to that date, which was set on 2011-08-22.