Distance from the record
This close sat 30.36% 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 28 June 2016, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,315.30 per troy ounce on 28 June 2016, down $7.200 (0.54%) from the previous close of $1,322.50.
This close sat 30.36% 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 $1,172.90, making this a +12.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,315.30 per troy ounce on 28 June 2016. That is $7.20 lower than the previous close of $1,322.50, a move of -0.54%.
The gold price fell on 28 June 2016, losing $7.20 (0.54%) against the previous session's close of $1,322.50.
At $1,315.30 per troy ounce, one gram of pure gold was worth about $42.29 on 28 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 June 2016 18k gold was worth about $31.72 per gram and 14k about $24.67 per gram, against $42.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.7 on 28 June 2016, meaning one ounce of gold was worth roughly 73.7 ounces of silver.
A week before 28 June 2016, gold was around $1,270.50 per troy ounce, so the close of $1,315.30 is a gain of 3.5% over the week.
A month before 28 June 2016, gold was around $1,213.80 per troy ounce, so the close of $1,315.30 is a gain of 8.4% over the month.
A year before 28 June 2016, gold was around $1,172.90 per troy ounce. The close of $1,315.30 therefore represents a rise of 12.1% over twelve months.
It closed 30.36% below the highest close on record up to that date, which was set on 2011-08-22.