Distance from the record
This close sat 3.45% below the highest gold close recorded up to that date, set on 2002-06-04.
Loading…
This page is a historical record of the gold price in 10 October 2002, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 4 September 2002
Gold closed at $316.50 per troy ounce on 10 October 2002, down $3.100 (0.97%) from the previous close of $319.60.
This close sat 3.45% 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 $285.70, making this a +10.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $316.50 per troy ounce on 10 October 2002. That is $3.10 lower than the previous close of $319.60, a move of -0.97%.
The gold price fell on 10 October 2002, losing $3.10 (0.97%) against the previous session's close of $319.60.
At $316.50 per troy ounce, one gram of pure gold was worth about $10.18 on 10 October 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 October 2002 18k gold was worth about $7.63 per gram and 14k about $5.94 per gram, against $10.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.1 on 10 October 2002, meaning one ounce of gold was worth roughly 74.1 ounces of silver.
It closed 3.45% below the highest close on record up to that date, which was set on 2002-06-04.