Distance from the record
This close sat 33.61% 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 16 June 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,254.00 per troy ounce on 16 June 2017, up $1.800 (0.14%) from the previous close of $1,252.20.
Gold barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 33.61% 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 $1,296.10, making this a -3.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,254.00 per troy ounce on 16 June 2017. That is $1.80 higher than the previous close of $1,252.20, a move of 0.14%.
The gold price rose on 16 June 2017, gaining $1.80 (0.14%) against the previous session's close of $1,252.20.
At $1,254.00 per troy ounce, one gram of pure gold was worth about $40.32 on 16 June 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 16 June 2017 18k gold was worth about $30.24 per gram and 14k about $23.52 per gram, against $40.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.4 on 16 June 2017, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
It closed 33.61% below the highest close on record up to that date, which was set on 2011-08-22.