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Gold's highest closing price on record
Gold closed at $308.90 per troy ounce on 1 April 2002, up $6.300 (2.08%) from the previous close of $302.60.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $257.90, making this a +19.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $308.90 per troy ounce on 1 April 2002. That is $6.30 higher than the previous close of $302.60, a move of 2.08%.
The gold price rose on 1 April 2002, gaining $6.30 (2.08%) against the previous session's close of $302.60.
At $308.90 per troy ounce, one gram of pure gold was worth about $9.93 on 1 April 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 April 2002 18k gold was worth about $7.45 per gram and 14k about $5.79 per gram, against $9.93 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 68.2 on 1 April 2002, meaning one ounce of gold was worth roughly 68.2 ounces of silver.
A week before 1 April 2002, gold was around $302.60 per troy ounce, so the close of $308.90 is a gain of 2.1% over the week.
A month before 1 April 2002, gold was around $302.60 per troy ounce, so the close of $308.90 is a gain of 2.1% over the month.
A year before 1 April 2002, gold was around $257.90 per troy ounce. The close of $308.90 therefore represents a rise of 19.8% over twelve months.