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Highest closing price since 1 September 2001
Gold closed at $282.10 per troy ounce on 1 January 2002, up $3.400 (1.22%) from the previous close of $278.70.
Notable session: lowest close of the year.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $265.60, making this a +6.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $282.10 per troy ounce on 1 January 2002. That is $3.40 higher than the previous close of $278.70, a move of 1.22%.
The gold price rose on 1 January 2002, gaining $3.40 (1.22%) against the previous session's close of $278.70.
At $282.10 per troy ounce, one gram of pure gold was worth about $9.07 on 1 January 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 January 2002 18k gold was worth about $6.80 per gram and 14k about $5.29 per gram, against $9.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.9 on 1 January 2002, meaning one ounce of gold was worth roughly 66.9 ounces of silver.
A week before 1 January 2002, gold was around $278.70 per troy ounce, so the close of $282.10 is a gain of 1.2% over the week.
A month before 1 January 2002, gold was around $278.70 per troy ounce, so the close of $282.10 is a gain of 1.2% over the month.
A year before 1 January 2002, gold was around $265.60 per troy ounce. The close of $282.10 therefore represents a rise of 6.2% over twelve months.