Distance from the record
This close sat 8.44% below the highest gold close recorded up to that date, set on 2011-08-22.
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This page is a historical record of the gold price in 12 June 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,729.30 per troy ounce on 12 June 2020, down $2.700 (0.16%) from the previous close of $1,732.00.
This close sat 8.44% 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 $1,331.90, making this a +29.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,729.30 per troy ounce on 12 June 2020. That is $2.70 lower than the previous close of $1,732.00, a move of -0.16%.
The gold price fell on 12 June 2020, losing $2.70 (0.16%) against the previous session's close of $1,732.00.
At $1,729.30 per troy ounce, one gram of pure gold was worth about $55.60 on 12 June 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2020 18k gold was worth about $41.70 per gram and 14k about $32.43 per gram, against $55.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 99.0 on 12 June 2020, meaning one ounce of gold was worth roughly 99.0 ounces of silver.
A week before 12 June 2020, gold was around $1,676.20 per troy ounce, so the close of $1,729.30 is a gain of 3.2% over the week.
A year before 12 June 2020, gold was around $1,331.90 per troy ounce. The close of $1,729.30 therefore represents a rise of 29.8% over twelve months.
It closed 8.44% below the highest close on record up to that date, which was set on 2011-08-22.