Gold price in June 2016: daily prices, high, low and change
Gold closed June 2016 at $1,318.40 an ounce, up 8.53% on the month. The highest close was $1,323.90 on 29 Jun and the lowest $1,209.80 on 2 Jun. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, June 2016 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = May 2016 close ($1,214.80).
Daily gold prices in June 2016 (22 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Jun | $1,215.70 | $1,219.80 | $1,205.40 | $1,211.90 | −$2.90 | −0.24% |
| Thu 2 Jun | $1,212.40 | $1,217.00 | $1,209.60 | $1,209.80 | −$2.10 | −0.17% |
| Fri 3 Jun | $1,209.10 | $1,244.50 | $1,206.40 | $1,240.10 | +$30.30 | +2.50% |
| Mon 6 Jun | $1,244.40 | $1,247.30 | $1,240.00 | $1,244.60 | +$4.50 | +0.36% |
| Tue 7 Jun | $1,244.00 | $1,244.90 | $1,236.50 | $1,244.40 | −$0.20 | −0.02% |
| Wed 8 Jun | $1,247.60 | $1,264.00 | $1,247.30 | $1,259.80 | +$15.40 | +1.24% |
| Thu 9 Jun | $1,262.50 | $1,271.40 | $1,258.10 | $1,270.20 | +$10.40 | +0.83% |
| Fri 10 Jun | $1,267.60 | $1,278.00 | $1,265.30 | $1,273.40 | +$3.20 | +0.25% |
| Mon 13 Jun | $1,276.20 | $1,287.30 | $1,273.00 | $1,284.40 | +$11.00 | +0.86% |
| Tue 14 Jun | $1,281.80 | $1,289.70 | $1,277.80 | $1,285.60 | +$1.20 | +0.09% |
| Wed 15 Jun | $1,284.60 | $1,296.20 | $1,278.80 | $1,285.80 | +$0.20 | +0.02% |
| Thu 16 Jun | $1,296.30 | $1,316.40 | $1,281.10 | $1,296.10 | +$10.30 | +0.80% |
| Fri 17 Jun | $1,280.30 | $1,300.10 | $1,280.30 | $1,292.50 | −$3.60 | −0.28% |
| Mon 20 Jun | $1,288.90 | $1,291.20 | $1,280.30 | $1,290.00 | −$2.50 | −0.19% |
| Tue 21 Jun worst day | $1,293.90 | $1,293.90 | $1,266.30 | $1,270.50 | −$19.50 | −1.51% |
| Wed 22 Jun | $1,267.00 | $1,269.20 | $1,264.90 | $1,268.00 | −$2.50 | −0.20% |
| Thu 23 Jun | $1,263.40 | $1,270.50 | $1,255.20 | $1,261.20 | −$6.80 | −0.54% |
| Fri 24 Jun best day | $1,253.70 | $1,355.60 | $1,253.70 | $1,320.00 | +$58.80 | +4.66% |
| Mon 27 Jun | $1,330.00 | $1,331.70 | $1,320.00 | $1,322.50 | +$2.50 | +0.19% |
| Tue 28 Jun | $1,314.80 | $1,315.60 | $1,314.10 | $1,315.30 | −$7.20 | −0.54% |
| Wed 29 Jun | $1,311.60 | $1,327.40 | $1,311.60 | $1,323.90 | +$8.60 | +0.65% |
| Thu 30 Jun | $1,315.80 | $1,323.50 | $1,314.50 | $1,318.40 | −$5.50 | −0.42% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.
Monthly open, high, low and close
| June 2016 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,211.90 | $1,323.90 | $1,209.80 | $1,318.40 | +8.53% |
| Intraday | $1,215.70 | $1,355.60 24 Jun | $1,205.40 1 Jun | $1,318.40 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2016 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in June 2016: summary
Gold surged 8.53% in June 2016, from $1,214.80 at the end of May 2016 to $1,318.40 an ounce. Gold closed higher on 12 of 22 trading days and lower on 10; the strongest session was 24 June 2016 (+4.66%) and the weakest 21 June 2016 (−1.51%). Settlement prices ranged from $1,209.80 on 2 June 2016 to $1,323.90 on 29 June 2016, a spread of $114.10 (9.4%), wider than the 5.8% average of the previous 12 months.
The +4.66% move on 24 June 2016 was the largest one-day gain of 2016, and the largest since 19 September 2013. The $1,323.90 close on 29 June 2016 was gold's highest since 11 July 2014. On the monthly change, June 2016 was the best June since 2001.
How June 2016 compares
- Against other Junes: at +8.53%, June 2016 ranks 1st of 26 Junes since 2001 (best first), the best since 2001.
- Against every month: it ranks 18th of 313 months since September 2000, better than 95% of them.
- Range: the gap between the highest and lowest close was $114.10, or 9.4% of the opening level, 1.6× the 5.8% average of the previous 12 months.
- Daily moves: the average day moved 0.75% (up or down), against 0.75% over the previous 12 months, so June 2016 was about as volatile as usual.
- Streaks: the longest run of higher closes was 7 days and the longest run of lower closes 5 days.
- Bigger picture: at the month-end close gold was +24.34% for 2016 to the end of June and +12.54% over 12 months (against the June 2015 close of $1,171.50).
- Average price: the mean of the 22 daily closes was $1,276.75; the World Bank's monthly average of the London (LBMA) price was $1,276.00.
Across the other 25 completed Junes since 2001, gold averaged −1.25% and rose in 10 of them (40%). June 2016 beat that average by 9.8 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Junes side by side.
June 2016 in today's dollars
Adjusted for US consumer-price inflation, the $1,318.40 closing price equals about $1,846 in September 2026 dollars (CPI 240.2 in June 2016 against 336.3 in September 2026, FRED series CPIAUCSL), 40% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2016
The gold price in 2016 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in June 2016?
Gold closed June 2016 at $1,318.40 an ounce (COMEX settlement). It opened the month at $1,211.90 and averaged $1,276.75 across 22 trading days; the World Bank’s London average for the month was $1,276.00.
Did gold go up in June 2016?
Yes. Gold was up 8.53% in June 2016, from $1,214.80 at the end of May 2016 to $1,318.40. It closed higher on 12 of 22 days. Among Junes since 2001 it ranks 1st of 26 (best first).
What was the highest gold price in June 2016?
The highest close was $1,323.90 on 29 June 2016. The highest intraday price in the daily bars was $1,355.60 on 24 June 2016.
What was the lowest gold price in June 2016?
The lowest close was $1,209.80 on 2 June 2016, $114.10 (9.4%) below the month’s highest close. The lowest intraday price was $1,205.40 on 1 June 2016.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.