Distance from the record
This close sat 1.31% below the highest gold close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the gold price in 10 December 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $323.50 per troy ounce on 10 December 2002, down $2.300 (0.71%) from the previous close of $325.80.
This close sat 1.31% below the highest gold close recorded up to that date, set on 2002-06-04.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $272.20, making this a +18.85% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $323.50 per troy ounce on 10 December 2002. That is $2.30 lower than the previous close of $325.80, a move of -0.71%.
The gold price fell on 10 December 2002, losing $2.30 (0.71%) against the previous session's close of $325.80.
At $323.50 per troy ounce, one gram of pure gold was worth about $10.40 on 10 December 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 December 2002 18k gold was worth about $7.80 per gram and 14k about $6.07 per gram, against $10.40 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.2 on 10 December 2002, meaning one ounce of gold was worth roughly 70.2 ounces of silver.
A year before 10 December 2002, gold was around $272.20 per troy ounce. The close of $323.50 therefore represents a rise of 18.8% over twelve months.
It closed 1.31% below the highest close on record up to that date, which was set on 2002-06-04.