Distance from the record
This close sat 3.61% below the highest gold close recorded up to that date, set on 2011-05-02.
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This page is a historical record of the gold price in 24 June 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 19 May 2011
Gold closed at $1,500.50 per troy ounce on 24 June 2011, down $19.60 (1.29%) from the previous close of $1,520.10.
This close sat 3.61% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,245.50, making this a +20.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,500.50 per troy ounce on 24 June 2011. That is $19.60 lower than the previous close of $1,520.10, a move of -1.29%.
The gold price fell on 24 June 2011, losing $19.60 (1.29%) against the previous session's close of $1,520.10.
At $1,500.50 per troy ounce, one gram of pure gold was worth about $48.24 on 24 June 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 June 2011 18k gold was worth about $36.18 per gram and 14k about $28.14 per gram, against $48.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 43.3 on 24 June 2011, meaning one ounce of gold was worth roughly 43.3 ounces of silver.
A week before 24 June 2011, gold was around $1,538.60 per troy ounce, so the close of $1,500.50 is a loss of 2.5% over the week.
A year before 24 June 2011, gold was around $1,245.50 per troy ounce. The close of $1,500.50 therefore represents a rise of 20.5% over twelve months.
It closed 3.61% below the highest close on record up to that date, which was set on 2011-05-02.