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 2 June 2014, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 31 January 2014
Gold closed at $1,243.70 per troy ounce on 2 June 2014, down $1.900 (0.15%) from the previous close of $1,245.60.
Notable session: lowest close of the month.
This close extended a run of 6 consecutive sessions of losses. 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 34.15% 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 $1,392.60, making this a -10.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,243.70 per troy ounce on 2 June 2014. That is $1.90 lower than the previous close of $1,245.60, a move of -0.15%.
The gold price fell on 2 June 2014, losing $1.90 (0.15%) against the previous session's close of $1,245.60.
At $1,243.70 per troy ounce, one gram of pure gold was worth about $39.99 on 2 June 2014. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 June 2014 18k gold was worth about $29.99 per gram and 14k about $23.33 per gram, against $39.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.5 on 2 June 2014, meaning one ounce of gold was worth roughly 66.5 ounces of silver.
A week before 2 June 2014, gold was around $1,291.60 per troy ounce, so the close of $1,243.70 is a loss of 3.7% over the week.
This close was session 6 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 34.15% below the highest close on record up to that date, which was set on 2011-08-22.