Distance from the record
This close sat 33.75% below the highest gold close recorded up to that date, set on 2011-08-22.
This page is a historical record of the gold price in 29 June 2018, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,251.30 per troy ounce on 29 June 2018, up $3.500 (0.28%) from the previous close of $1,247.80.
This close sat 33.75% 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 $1,244.20, making this a +0.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,251.30 per troy ounce on 29 June 2018. That is $3.50 higher than the previous close of $1,247.80, a move of 0.28%.
The gold price rose on 29 June 2018, gaining $3.50 (0.28%) against the previous session's close of $1,247.80.
At $1,251.30 per troy ounce, one gram of pure gold was worth about $40.23 on 29 June 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 June 2018 18k gold was worth about $30.17 per gram and 14k about $23.47 per gram, against $40.23 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 77.7 on 29 June 2018, meaning one ounce of gold was worth roughly 77.7 ounces of silver.
It closed 33.75% below the highest close on record up to that date, which was set on 2011-08-22.