Distance from the record
This close sat 32.42% 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 8 June 2017, not the current price.See today's gold price (11 September 2026)
Gold closed at $1,276.30 per troy ounce on 8 June 2017, down $13.80 (1.07%) from the previous close of $1,290.10.
This close sat 32.42% 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 $1,259.80, making this a +1.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,276.30 per troy ounce on 8 June 2017. That is $13.80 lower than the previous close of $1,290.10, a move of -1.07%.
The gold price fell on 8 June 2017, losing $13.80 (1.07%) against the previous session's close of $1,290.10.
At $1,276.30 per troy ounce, one gram of pure gold was worth about $41.03 on 8 June 2017. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 June 2017 18k gold was worth about $30.78 per gram and 14k about $23.94 per gram, against $41.03 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.4 on 8 June 2017, meaning one ounce of gold was worth roughly 73.4 ounces of silver.
A week before 8 June 2017, gold was around $1,240.70 per troy ounce, so the close of $1,276.30 is a gain of 2.9% over the week.
It closed 32.42% below the highest close on record up to that date, which was set on 2011-08-22.