Distance from the record
This close sat 8.68% 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 18 June 2020, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,724.80 per troy ounce on 18 June 2020, down $4.400 (0.25%) from the previous close of $1,729.20.
This close sat 8.68% 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 $1,346.60, making this a +28.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,724.80 per troy ounce on 18 June 2020. That is $4.40 lower than the previous close of $1,729.20, a move of -0.25%.
The gold price fell on 18 June 2020, losing $4.40 (0.25%) against the previous session's close of $1,729.20.
At $1,724.80 per troy ounce, one gram of pure gold was worth about $55.45 on 18 June 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 June 2020 18k gold was worth about $41.59 per gram and 14k about $32.35 per gram, against $55.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 98.6 on 18 June 2020, meaning one ounce of gold was worth roughly 98.6 ounces of silver.
A year before 18 June 2020, gold was around $1,346.60 per troy ounce. The close of $1,724.80 therefore represents a rise of 28.1% over twelve months.
It closed 8.68% below the highest close on record up to that date, which was set on 2011-08-22.