Distance from the record
This close sat 31.57% 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 17 June 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,292.50 per troy ounce on 17 June 2016, down $3.600 (0.28%) from the previous close of $1,296.10.
This close sat 31.57% 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 $1,176.40, making this a +9.87% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,292.50 per troy ounce on 17 June 2016. That is $3.60 lower than the previous close of $1,296.10, a move of -0.28%.
The gold price fell on 17 June 2016, losing $3.60 (0.28%) against the previous session's close of $1,296.10.
At $1,292.50 per troy ounce, one gram of pure gold was worth about $41.55 on 17 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 June 2016 18k gold was worth about $31.17 per gram and 14k about $24.24 per gram, against $41.55 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.3 on 17 June 2016, meaning one ounce of gold was worth roughly 74.3 ounces of silver.
It closed 31.57% below the highest close on record up to that date, which was set on 2011-08-22.