Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 18 June 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $272.40 per troy ounce on 18 June 2001, up $1.200 (0.44%) from the previous close of $271.20.
This was the strongest close of the week up to that point.
This close sat 5.22% below the highest gold close recorded up to that date, set on 2001-05-18.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $272.40 per troy ounce on 18 June 2001. That is $1.20 higher than the previous close of $271.20, a move of 0.44%.
The gold price rose on 18 June 2001, gaining $1.20 (0.44%) against the previous session's close of $271.20.
At $272.40 per troy ounce, one gram of pure gold was worth about $8.76 on 18 June 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 June 2001 18k gold was worth about $6.57 per gram and 14k about $5.11 per gram, against $8.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 61.7 on 18 June 2001, meaning one ounce of gold was worth roughly 61.7 ounces of silver.
A month before 18 June 2001, gold was around $287.40 per troy ounce, so the close of $272.40 is a loss of 5.2% over the month.
It closed 5.22% below the highest close on record up to that date, which was set on 2001-05-18.