Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 9 June 2016, not the current price.See today's gold price (11 September 2026)
Highest closing price since 18 May 2016
Gold closed at $1,270.20 per troy ounce on 9 June 2016, up $10.40 (0.83%) from the previous close of $1,259.80.
No earlier session that month closed above this level.
This close sat 32.75% 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 $1,177.30, making this a +7.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,270.20 per troy ounce on 9 June 2016. That is $10.40 higher than the previous close of $1,259.80, a move of 0.83%.
The gold price rose on 9 June 2016, gaining $10.40 (0.83%) against the previous session's close of $1,259.80.
At $1,270.20 per troy ounce, one gram of pure gold was worth about $40.84 on 9 June 2016. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 June 2016 18k gold was worth about $30.63 per gram and 14k about $23.82 per gram, against $40.84 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.6 on 9 June 2016, meaning one ounce of gold was worth roughly 73.6 ounces of silver.
A week before 9 June 2016, gold was around $1,209.80 per troy ounce, so the close of $1,270.20 is a gain of 5.0% over the week.
It closed 32.75% below the highest close on record up to that date, which was set on 2011-08-22.