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Lowest closing price since 1 June 2001
Gold closed at $273.90 per troy ounce on 1 November 2001, down $5.600 (2.00%) from the previous close of $279.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $270.10, making this a +1.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $273.90 per troy ounce on 1 November 2001. That is $5.60 lower than the previous close of $279.50, a move of -2.00%.
The gold price fell on 1 November 2001, losing $5.60 (2.00%) against the previous session's close of $279.50.
At $273.90 per troy ounce, one gram of pure gold was worth about $8.81 on 1 November 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 November 2001 18k gold was worth about $6.60 per gram and 14k about $5.14 per gram, against $8.81 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.4 on 1 November 2001, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 1 November 2001, gold was around $279.50 per troy ounce, so the close of $273.90 is a loss of 2.0% over the week.
A month before 1 November 2001, gold was around $279.50 per troy ounce, so the close of $273.90 is a loss of 2.0% over the month.
A year before 1 November 2001, gold was around $270.10 per troy ounce. The close of $273.90 therefore represents a rise of 1.4% over twelve months.