Distance from the record
This close sat 32.73% 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 21 June 2016, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 9 June 2016
Gold closed at $1,270.50 per troy ounce on 21 June 2016, down $19.50 (1.51%) from the previous close of $1,290.00.
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 32.73% 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 $1,201.50, making this a +5.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,270.50 per troy ounce on 21 June 2016. That is $19.50 lower than the previous close of $1,290.00, a move of -1.51%.
The gold price fell on 21 June 2016, losing $19.50 (1.51%) against the previous session's close of $1,290.00.
At $1,270.50 per troy ounce, one gram of pure gold was worth about $40.85 on 21 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 June 2016 18k gold was worth about $30.64 per gram and 14k about $23.83 per gram, against $40.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.4 on 21 June 2016, meaning one ounce of gold was worth roughly 73.4 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 32.73% below the highest close on record up to that date, which was set on 2011-08-22.