Distance from the record
This close sat 11.25% 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 5 June 2020, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 8 April 2020
Gold closed at $1,676.20 per troy ounce on 5 June 2020, down $42.70 (2.48%) from the previous close of $1,718.90.
Notable session: lowest close of the month.
Gold lost 2.48% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 11.25% 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 $1,328.30, making this a +26.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,676.20 per troy ounce on 5 June 2020. That is $42.70 lower than the previous close of $1,718.90, a move of -2.48%.
The gold price fell on 5 June 2020, losing $42.70 (2.48%) against the previous session's close of $1,718.90.
At $1,676.20 per troy ounce, one gram of pure gold was worth about $53.89 on 5 June 2020. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 June 2020 18k gold was worth about $40.42 per gram and 14k about $31.44 per gram, against $53.89 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 96.1 on 5 June 2020, meaning one ounce of gold was worth roughly 96.1 ounces of silver.
A week before 5 June 2020, gold was around $1,736.90 per troy ounce, so the close of $1,676.20 is a loss of 3.5% over the week.
A year before 5 June 2020, gold was around $1,328.30 per troy ounce. The close of $1,676.20 therefore represents a rise of 26.2% over twelve months.
It closed 11.25% below the highest close on record up to that date, which was set on 2011-08-22.