Distance from the record
This close sat 1.19% below the highest gold close recorded up to that date, set on 2011-05-02.
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This page is a historical record of the gold price in 8 June 2011, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,538.10 per troy ounce on 8 June 2011, down $5.200 (0.34%) from the previous close of $1,543.30.
This close sat 1.19% below the highest gold close recorded up to that date, set on 2011-05-02.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,244.00, making this a +23.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,538.10 per troy ounce on 8 June 2011. That is $5.20 lower than the previous close of $1,543.30, a move of -0.34%.
The gold price fell on 8 June 2011, losing $5.20 (0.34%) against the previous session's close of $1,543.30.
At $1,538.10 per troy ounce, one gram of pure gold was worth about $49.45 on 8 June 2011. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 June 2011 18k gold was worth about $37.09 per gram and 14k about $28.85 per gram, against $49.45 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 42.0 on 8 June 2011, meaning one ounce of gold was worth roughly 42.0 ounces of silver.
A week before 8 June 2011, gold was around $1,502.30 per troy ounce, so the close of $1,538.10 is a gain of 2.4% over the week.
A year before 8 June 2011, gold was around $1,244.00 per troy ounce. The close of $1,538.10 therefore represents a rise of 23.6% over twelve months.
It closed 1.19% below the highest close on record up to that date, which was set on 2011-05-02.