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This page is a historical record of the gold price in 7 June 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,543.30 per troy ounce on 7 June 2011, down $3.200 (0.21%) from the previous close of $1,546.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,239.30, making this a +24.53% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,543.30 per troy ounce on 7 June 2011. That is $3.20 lower than the previous close of $1,546.50, a move of -0.21%.
The gold price fell on 7 June 2011, losing $3.20 (0.21%) against the previous session's close of $1,546.50.
At $1,543.30 per troy ounce, one gram of pure gold was worth about $49.62 on 7 June 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 June 2011 18k gold was worth about $37.21 per gram and 14k about $28.94 per gram, against $49.62 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 41.7 on 7 June 2011, meaning one ounce of gold was worth roughly 41.7 ounces of silver.
A year before 7 June 2011, gold was around $1,239.30 per troy ounce. The close of $1,543.30 therefore represents a rise of 24.5% over twelve months.
It closed 0.86% below the highest close on record up to that date, which was set on 2011-05-02.