Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 16 June 2014, not the current price.See today's gold price (11 September 2026)
Highest closing price since 23 May 2014
Gold closed at $1,274.90 per troy ounce on 16 June 2014, up $1.200 (0.09%) from the previous close of $1,273.70.
This close extended a run of 6 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.
No earlier session that month closed above this level.
This close sat 32.50% 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 $1,387.30, making this a -8.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,274.90 per troy ounce on 16 June 2014. That is $1.20 higher than the previous close of $1,273.70, a move of 0.09%.
The gold price rose on 16 June 2014, gaining $1.20 (0.09%) against the previous session's close of $1,273.70.
At $1,274.90 per troy ounce, one gram of pure gold was worth about $40.99 on 16 June 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 June 2014 18k gold was worth about $30.74 per gram and 14k about $23.91 per gram, against $40.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.7 on 16 June 2014, meaning one ounce of gold was worth roughly 64.7 ounces of silver.
This close was session 6 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 32.50% below the highest close on record up to that date, which was set on 2011-08-22.