Distance from the record
This close sat 31.69% 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 7 June 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,290.10 per troy ounce on 7 June 2017, down $4.300 (0.33%) from the previous close of $1,294.40.
This close sat 31.69% 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 $1,244.40, making this a +3.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,290.10 per troy ounce on 7 June 2017. That is $4.30 lower than the previous close of $1,294.40, a move of -0.33%.
The gold price fell on 7 June 2017, losing $4.30 (0.33%) against the previous session's close of $1,294.40.
At $1,290.10 per troy ounce, one gram of pure gold was worth about $41.48 on 7 June 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 June 2017 18k gold was worth about $31.11 per gram and 14k about $24.20 per gram, against $41.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.4 on 7 June 2017, meaning one ounce of gold was worth roughly 73.4 ounces of silver.
A month before 7 June 2017, gold was around $1,224.80 per troy ounce, so the close of $1,290.10 is a gain of 5.3% over the month.
It closed 31.69% below the highest close on record up to that date, which was set on 2011-08-22.