Gold Price in June 2017
In June 2017, gold fell 2.5%, from $1,272.00 at the end of May to $1,240.70 per troy ounce on June 30, 2017. The highest close was $1,294.40 on June 6, 2017, the lowest $1,240.70 on June 30, 2017, and the average over 22 trading days was $1,260.06. Today's price is 224.3% higher than the June 2017 close.
- Gold fell 2.5% in US dollars in June 2017, leaving it up 7.9% for the year to date.
- Measured in other currencies, the change ranged from −5.9% in CAD to −1.4% in JPY, because exchange rates moved too.
- It did better than silver (−4.6%), and worse than bitcoin (+8.5%) and US stocks (+0.6%).
- It closed higher on 10 trading days and lower on 12, with an average daily move of 0.49%.
- At the end of the month it was 34.3% below its highest close since 2000.
- Gold/silver ratio: 73.2 → 74.9.
Gold price chart, June 2017
US dollars per troy ounce · daily closeGold in other currencies, June 2017
| Currency | Change in the month |
|---|---|
| JPY | −1.4% |
| EGP | −1.8% |
| INR | −2.2% |
| TRY | −3.2% |
| ZAR | −3.4% |
| CNY | −3.5% |
| PKR | −4.0% |
| GBP | −4.0% |
| CHF | −4.5% |
| EUR | −4.8% |
| AUD | −5.3% |
| CAD | −5.9% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, June 2017
| Asset | Change (USD) |
|---|---|
| Gold | −2.5% |
| Silver | −4.6% |
| Bitcoin | +8.5% |
| S&P 500 (with dividends) | +0.6% |
| US inflation (CPI, month) | +0.09% |
| Gold, year to date (end of June) | +7.9% |
| Gold/silver ratio | 73.2 → 74.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, June 2017
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Jun 1Thu | $1,267.00 | −0.39% | $40.73 | ₹26,274 | AED 149.57 |
| Jun 2Fri | $1,276.80 | +0.77% | $41.05 | ₹26,425 | AED 150.73 |
| Jun 5Mon | $1,279.30 | +0.20% | $41.13 | ₹26,490 | AED 151.03 |
| Jun 6Tue | $1,294.40 | +1.18% | $41.62 | ₹26,777 | AED 152.82 |
| Jun 7Wed | $1,290.10 | −0.33% | $41.48 | ₹26,720 | AED 152.31 |
| Jun 8Thu | $1,276.30 | −1.07% | $41.03 | ₹26,433 | AED 150.68 |
| Jun 9Fri | $1,268.50 | −0.61% | $40.78 | ₹26,201 | AED 149.76 |
| Jun 12Mon | $1,266.10 | −0.19% | $40.71 | ₹26,205 | AED 149.48 |
| Jun 13Tue | $1,265.80 | −0.02% | $40.70 | ₹26,237 | AED 149.44 |
| Jun 14Wed | $1,272.80 | +0.55% | $40.92 | ₹26,336 | AED 150.26 |
| Jun 15Thu | $1,252.20 | −1.62% | $40.26 | ₹25,833 | AED 147.83 |
| Jun 16Fri | $1,254.00 | +0.14% | $40.32 | ₹26,029 | AED 148.04 |
| Jun 19Mon | $1,244.20 | −0.78% | $40.00 | ₹25,759 | AED 146.89 |
| Jun 20Tue | $1,241.00 | −0.26% | $39.90 | ₹25,730 | AED 146.51 |
| Jun 21Wed | $1,243.40 | +0.19% | $39.98 | ₹25,797 | AED 146.79 |
| Jun 22Thu | $1,247.60 | +0.34% | $40.11 | ₹25,888 | AED 147.29 |
| Jun 23Fri | $1,256.20 | +0.69% | $40.39 | ₹26,087 | AED 148.30 |
| Jun 26Mon | $1,246.30 | −0.79% | $40.07 | ₹25,844 | AED 147.14 |
| Jun 27Tue | $1,246.40 | +0.01% | $40.07 | ₹25,815 | AED 147.15 |
| Jun 28Wed | $1,248.00 | +0.13% | $40.12 | ₹25,890 | AED 147.34 |
| Jun 29Thu | $1,244.20 | −0.30% | $40.00 | ₹25,806 | AED 146.88 |
| Jun 30Fri | $1,240.70 | −0.28% | $39.89 | ₹25,842 | AED 146.47 |
How June usually goes for gold
In the 20 years from 2006 to 2025, gold rose in June 9 times out of 20, with an average move of −0.4% and a median of −1.6%.
Gold in June 2017: FAQ
What was the price of gold in June 2017?
Gold traded between $1,240.70 and $1,294.40 per troy ounce (daily closes) in June 2017, averaging $1,260.06. It closed the month at $1,240.70.
How much did gold go down in June 2017?
Gold fell 2.5%, from $1,272.00 to $1,240.70. The biggest daily rise was +1.2% on June 6, 2017 and the biggest fall −1.6% on June 15, 2017.
What was the gold price on June 1, 2017?
Gold closed at $1,267.00 per troy ounce on June 1, 2017, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,274.
Is June usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in June 9 times out of 20, with an average move of −0.4% and a median of −1.6%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in June 2017?
Gold fell 2.2% in Indian rupee terms in June 2017, compared with −2.5% in US dollars.
Did gold beat stocks in June 2017?
No. Gold was −2.5% for the month, against +0.6% for the S&P 500 with dividends.
Did gold keep up with inflation in June 2017?
US consumer prices (CPI) changed +0.09% in June, so gold's real (inflation-adjusted) change was about −2.5%.