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Gold jumps 11.6% in a single session
Gold closed at $4,489.10 per troy ounce on 2 June 2026, up $466.20 (11.59%) from the previous close of $4,022.90.
Notable session: highest close of the month; one of the largest single-day moves on record; moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $3,370.60, making this a +33.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $4,489.10 per troy ounce on 2 June 2026. That is $466.20 higher than the previous close of $4,022.90, a move of 11.59%.
The gold price rose on 2 June 2026, gaining $466.20 (11.59%) against the previous session's close of $4,022.90.
At $4,489.10 per troy ounce, one gram of pure gold was worth about $144.33 on 2 June 2026. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 June 2026 18k gold was worth about $108.25 per gram and 14k about $84.19 per gram, against $144.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.6 on 2 June 2026, meaning one ounce of gold was worth roughly 59.6 ounces of silver.
A week before 2 June 2026, gold was around $4,500.40 per troy ounce, so the close of $4,489.10 is a loss of 0.3% over the week.
A month before 2 June 2026, gold was around $4,560.50 per troy ounce, so the close of $4,489.10 is a loss of 1.6% over the month.
A year before 2 June 2026, gold was around $3,370.60 per troy ounce. The close of $4,489.10 therefore represents a rise of 33.2% over twelve months.