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Gold Price in June 2001

In June 2001, gold rose 2.0%, from $265.30 at the end of May to $270.60 per troy ounce on June 29, 2001. The highest close was $276.20 on June 26, 2001, the lowest $264.90 on June 4, 2001, and the average over 21 trading days was $270.71. Today's price is 1,332.6% higher than the June 2001 close.

Gold ended June higher. What usually happens in July after a higher June →

  • Gold rose 2.0% in US dollars in June 2001, leaving it down 0.5% for the year to date.
  • Measured in other currencies, the change ranged from +2.3% in EGP to +6.5% in JPY, because exchange rates moved too.
  • It did better than silver (−2.4%) and US stocks (−2.4%).
  • It closed higher on 13 trading days and lower on 7, with an average daily move of 0.77%.
  • At the end of the month it was 5.8% below its highest close since 2000.
  • Gold/silver ratio: 60.4 → 63.0.
End of May
$265.30
Month-end close
$270.60
Jun 29
Change
+2.0%
High
$276.20
Jun 26
Low
$264.90
Jun 4
Average
$270.71
21 trading days

Gold price chart, June 2001

US dollars per troy ounce · daily close
$264$271$277May 31Jun 6Jun 11Jun 15Jun 20Jun 26Jun 29

Gold in other currencies, June 2001

CurrencyChange in the month
JPY+6.5%
EGP+2.3%

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 2001

AssetChange (USD)
Gold+2.0%
Silver−2.4%
S&P 500 (with dividends)−2.4%
US inflation (CPI, month)+0.17%
Gold, year to date (end of June)−0.5%
Gold/silver ratio60.4 → 63.0

Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.

Daily Gold Prices, June 2001

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Jun 1Fri$266.40+0.41% $8.56
Jun 4Mon$264.90−0.56% $8.52
Jun 5Tue$265.70+0.30% $8.54
Jun 6Wed$265.700.00% $8.54
Jun 7Thu$266.00+0.11% $8.55
Jun 8Fri$273.40+2.78% $8.79
Jun 11Mon$267.90−2.01% $8.61
Jun 12Tue$271.50+1.34% $8.73
Jun 13Wed$272.00+0.18% $8.75
Jun 14Thu$275.30+1.21% $8.85
Jun 15Fri$271.20−1.49% $8.72
Jun 18Mon$272.40+0.44% $8.76
Jun 19Tue$273.40+0.37% $8.79
Jun 20Wed$272.40−0.37% $8.76
Jun 21Thu$272.60+0.07% $8.76
Jun 22Fri$272.30−0.11% $8.75
Jun 25Mon$273.70+0.51% $8.80
Jun 26Tue$276.20+0.91% $8.88
Jun 27Wed$272.10−1.48% $8.75
Jun 28Thu$269.30−1.03% $8.66
Jun 29Fri$270.60+0.48% $8.70
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

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%. Every June since 1971 →

Gold in June 2001: FAQ

What was the price of gold in June 2001?

Gold traded between $264.90 and $276.20 per troy ounce (daily closes) in June 2001, averaging $270.71. It closed the month at $270.60.

How much did gold go up in June 2001?

Gold rose 2.0%, from $265.30 to $270.60. The biggest daily rise was +2.8% on June 8, 2001 and the biggest fall −2.0% on June 11, 2001.

What was the gold price on June 1, 2001?

Gold closed at $266.40 per troy ounce on June 1, 2001, the first trading day of the month.

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.

Did gold beat stocks in June 2001?

Yes. Gold was +2.0% for the month, against −2.4% for the S&P 500 with dividends.

Did gold keep up with inflation in June 2001?

US consumer prices (CPI) changed +0.17% in June, so gold's real (inflation-adjusted) change was about +1.8%.

Cite this page

For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.

APA 7
Corgano. (2026, October 31). Gold price in June 2001. Corgano Gold Price. Retrieved October 31, 2026, from https://goldprice.corgano.com/gold-price-history/2001/june
MLA 9
“Gold Price in June 2001.” Corgano Gold Price, goldprice.corgano.com/gold-price-history/2001/june. Accessed 31 Oct. 2026.
Chicago
Corgano. “Gold Price in June 2001.” Corgano Gold Price. Accessed October 31, 2026. https://goldprice.corgano.com/gold-price-history/2001/june.
BibTeX
@misc{corgano2026goldpriceinjune, author = {{Corgano}}, title = {Gold Price in June 2001}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2001/june}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}
Link
Gold Price in June 2001 — Corgano Gold Price: https://goldprice.corgano.com/gold-price-history/2001/june