Loading…
Lowest closing price since 1 August 2001
Gold closed at $279.50 per troy ounce on 1 October 2001, down $12.90 (4.41%) from the previous close of $292.40.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $273.60, making this a +2.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $279.50 per troy ounce on 1 October 2001. That is $12.90 lower than the previous close of $292.40, a move of -4.41%.
The gold price fell on 1 October 2001, losing $12.90 (4.41%) against the previous session's close of $292.40.
At $279.50 per troy ounce, one gram of pure gold was worth about $8.99 on 1 October 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 October 2001 18k gold was worth about $6.74 per gram and 14k about $5.24 per gram, against $8.99 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.3 on 1 October 2001, meaning one ounce of gold was worth roughly 66.3 ounces of silver.
A week before 1 October 2001, gold was around $292.40 per troy ounce, so the close of $279.50 is a loss of 4.4% over the week.
A month before 1 October 2001, gold was around $292.40 per troy ounce, so the close of $279.50 is a loss of 4.4% over the month.
A year before 1 October 2001, gold was around $273.60 per troy ounce. The close of $279.50 therefore represents a rise of 2.2% over twelve months.