Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 2 June 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 22 February 2016
Gold closed at $1,209.80 per troy ounce on 2 June 2016, down $5.000 (0.41%) from the previous close of $1,214.80.
Notable session: lowest close of the month.
No earlier session that month closed above this level.
This close sat 35.95% 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 $1,194.10, making this a +1.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,209.80 per troy ounce on 2 June 2016. That is $5.00 lower than the previous close of $1,214.80, a move of -0.41%.
The gold price fell on 2 June 2016, losing $5.00 (0.41%) against the previous session's close of $1,214.80.
At $1,209.80 per troy ounce, one gram of pure gold was worth about $38.90 on 2 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 June 2016 18k gold was worth about $29.17 per gram and 14k about $22.69 per gram, against $38.90 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.6 on 2 June 2016, meaning one ounce of gold was worth roughly 75.6 ounces of silver.
A month before 2 June 2016, gold was around $1,294.70 per troy ounce, so the close of $1,209.80 is a loss of 6.6% over the month.
It closed 35.95% below the highest close on record up to that date, which was set on 2011-08-22.