Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 27 June 2011, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 19 May 2011
Gold closed at $1,496.00 per troy ounce on 27 June 2011, down $4.500 (0.30%) from the previous close of $1,500.50.
Notable session: lowest close of the month.
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 was the strongest close of the week up to that point.
This close sat 3.90% 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 $1,255.80, making this a +19.13% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,496.00 per troy ounce on 27 June 2011. That is $4.50 lower than the previous close of $1,500.50, a move of -0.30%.
The gold price fell on 27 June 2011, losing $4.50 (0.30%) against the previous session's close of $1,500.50.
At $1,496.00 per troy ounce, one gram of pure gold was worth about $48.10 on 27 June 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 June 2011 18k gold was worth about $36.07 per gram and 14k about $28.06 per gram, against $48.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 44.6 on 27 June 2011, meaning one ounce of gold was worth roughly 44.6 ounces of silver.
A week before 27 June 2011, gold was around $1,541.50 per troy ounce, so the close of $1,496.00 is a loss of 3.0% over the week.
A year before 27 June 2011, gold was around $1,255.80 per troy ounce. The close of $1,496.00 therefore represents a rise of 19.1% over twelve months.
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 3.90% below the highest close on record up to that date, which was set on 2011-05-02.