Distance from the record
This close sat 14.50% 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 20 June 2012, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,614.80 per troy ounce on 20 June 2012, down $7.400 (0.46%) from the previous close of $1,622.20.
This close extended a run of 3 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.
This close sat 14.50% 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 $1,541.50, making this a +4.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,614.80 per troy ounce on 20 June 2012. That is $7.40 lower than the previous close of $1,622.20, a move of -0.46%.
The gold price fell on 20 June 2012, losing $7.40 (0.46%) against the previous session's close of $1,622.20.
At $1,614.80 per troy ounce, one gram of pure gold was worth about $51.92 on 20 June 2012. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 June 2012 18k gold was worth about $38.94 per gram and 14k about $30.28 per gram, against $51.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 56.9 on 20 June 2012, meaning one ounce of gold was worth roughly 56.9 ounces of silver.
This close was session 3 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 14.50% below the highest close on record up to that date, which was set on 2011-08-22.