Distance from the record
This close sat 33.93% 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 2018, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 December 2017
Gold closed at $1,247.80 per troy ounce on 28 June 2018, down $5.000 (0.40%) from the previous close of $1,252.80.
Notable session: lowest close of the month.
This close extended a run of 4 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 33.93% 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 $1,248.00, making this a -0.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,247.80 per troy ounce on 28 June 2018. That is $5.00 lower than the previous close of $1,252.80, a move of -0.40%.
The gold price fell on 28 June 2018, losing $5.00 (0.40%) against the previous session's close of $1,252.80.
At $1,247.80 per troy ounce, one gram of pure gold was worth about $40.12 on 28 June 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 June 2018 18k gold was worth about $30.09 per gram and 14k about $23.40 per gram, against $40.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.2 on 28 June 2018, meaning one ounce of gold was worth roughly 78.2 ounces of silver.
This close was session 4 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 33.93% below the highest close on record up to that date, which was set on 2011-08-22.