Gold Price in June 2011
In June 2011, gold fell 2.2%, from $1,535.90 at the end of May to $1,502.30 per troy ounce on June 30, 2011. The highest close was $1,552.90 on June 22, 2011, the lowest $1,496.00 on June 27, 2011, and the average over 22 trading days was $1,528.00. Today's price is 158.1% higher than the June 2011 close.
Gold ended June lower. What usually happens in July after a lower June →
- Gold fell 2.2% in US dollars in June 2011, leaving it up 5.7% for the year to date.
- Measured in other currencies, the change ranged from −3.5% in CHF to +0.4% in GBP, because exchange rates moved too.
- It did better than silver (−9.1%), and worse than US stocks (−1.7%).
- It closed higher on 13 trading days and lower on 9, with an average daily move of 0.56%.
- At the end of the month it was 3.5% below its highest close since 2000.
- Gold/silver ratio: 40.1 → 43.2.
Gold price chart, June 2011
US dollars per troy ounce · daily closeGold in other currencies, June 2011
| Currency | Change in the month |
|---|---|
| GBP | +0.4% |
| TRY | −0.4% |
| PKR | −2.2% |
| CNY | −2.4% |
| AUD | −2.5% |
| CAD | −2.6% |
| EUR | −2.7% |
| ZAR | −2.8% |
| EGP | −3.0% |
| INR | −3.0% |
| JPY | −3.2% |
| CHF | −3.5% |
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 2011
| Asset | Change (USD) |
|---|---|
| Gold | −2.2% |
| Silver | −9.1% |
| S&P 500 (with dividends) | −1.7% |
| US inflation (CPI, month) | −0.11% |
| Gold, year to date (end of June) | +5.7% |
| Gold/silver ratio | 40.1 → 43.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, June 2011
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 1Wed | $1,542.40 | +0.42% | $49.59 | ₹22,196 | AED 182.14 |
| Jun 2Thu | $1,532.00 | −0.67% | $49.25 | ₹22,047 | AED 180.90 |
| Jun 3Fri | $1,541.70 | +0.63% | $49.57 | ₹22,186 | AED 182.05 |
| Jun 6Mon | $1,546.50 | +0.31% | $49.72 | ₹22,210 | AED 182.62 |
| Jun 7Tue | $1,543.30 | −0.21% | $49.62 | ₹22,135 | AED 182.24 |
| Jun 8Wed | $1,538.10 | −0.34% | $49.45 | ₹22,085 | AED 181.62 |
| Jun 9Thu | $1,542.10 | +0.26% | $49.58 | ₹22,113 | AED 182.10 |
| Jun 10Fri | $1,528.60 | −0.88% | $49.15 | ₹21,919 | AED 180.50 |
| Jun 13Mon | $1,515.00 | −0.89% | $48.71 | ₹21,821 | AED 178.86 |
| Jun 14Tue | $1,523.80 | +0.58% | $48.99 | ₹21,918 | AED 179.94 |
| Jun 15Wed | $1,525.60 | +0.12% | $49.05 | ₹21,930 | AED 180.15 |
| Jun 16Thu | $1,529.30 | +0.24% | $49.17 | ₹22,027 | AED 180.59 |
| Jun 17Fri | $1,538.60 | +0.61% | $49.47 | ₹22,161 | AED 181.69 |
| Jun 20Mon | $1,541.50 | +0.19% | $49.56 | ₹22,238 | AED 182.03 |
| Jun 21Tue | $1,546.00 | +0.29% | $49.71 | ₹22,248 | AED 182.56 |
| Jun 22Wed | $1,552.90 | +0.45% | $49.93 | ₹22,342 | AED 183.38 |
| Jun 23Thu | $1,520.10 | −2.11% | $48.87 | ₹21,919 | AED 179.46 |
| Jun 24Fri | $1,500.50 | −1.29% | $48.24 | ₹21,637 | AED 177.15 |
| Jun 27Mon | $1,496.00 | −0.30% | $48.10 | ₹21,620 | AED 176.66 |
| Jun 28Tue | $1,499.70 | +0.25% | $48.22 | ₹21,668 | AED 177.09 |
| Jun 29Wed | $1,509.90 | +0.68% | $48.54 | ₹21,728 | AED 178.30 |
| Jun 30Thu | $1,502.30 | −0.50% | $48.30 | ₹21,538 | AED 177.40 |
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 2011: FAQ
What was the price of gold in June 2011?
Gold traded between $1,496.00 and $1,552.90 per troy ounce (daily closes) in June 2011, averaging $1,528.00. It closed the month at $1,502.30.
How much did gold go down in June 2011?
Gold fell 2.2%, from $1,535.90 to $1,502.30. The biggest daily rise was +0.7% on June 29, 2011 and the biggest fall −2.1% on June 23, 2011.
What was the gold price on June 1, 2011?
Gold closed at $1,542.40 per troy ounce on June 1, 2011, the first trading day of the month. 24K India, ₹ per 10 g: ₹22,196.
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 2011?
Gold fell 3.0% in Indian rupee terms in June 2011, compared with −2.2% in US dollars.
Did gold beat stocks in June 2011?
No. Gold was −2.2% for the month, against −1.7% for the S&P 500 with dividends.
Did gold keep up with inflation in June 2011?
US consumer prices (CPI) changed −0.11% in June, so gold's real (inflation-adjusted) change was about −2.1%.
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.
@misc{corgano2026goldpriceinjune, author = {{Corgano}}, title = {Gold Price in June 2011}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2011/june}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}