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This page is a historical record of the gold price in 11 December 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $324.80 per troy ounce on 11 December 2002, up $1.300 (0.40%) from the previous close of $323.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $272.20, making this a +19.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $324.80 per troy ounce on 11 December 2002. That is $1.30 higher than the previous close of $323.50, a move of 0.40%.
The gold price rose on 11 December 2002, gaining $1.30 (0.40%) against the previous session's close of $323.50.
At $324.80 per troy ounce, one gram of pure gold was worth about $10.44 on 11 December 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 December 2002 18k gold was worth about $7.83 per gram and 14k about $6.09 per gram, against $10.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.1 on 11 December 2002, meaning one ounce of gold was worth roughly 70.1 ounces of silver.
A year before 11 December 2002, gold was around $272.20 per troy ounce. The close of $324.80 therefore represents a rise of 19.3% over twelve months.
It closed 0.92% below the highest close on record up to that date, which was set on 2002-06-04.