Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 11 June 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $319.70 per troy ounce on 11 June 2002, up $1.000 (0.31%) from the previous close of $318.70.
This was the strongest close of the week up to that point.
This close sat 2.47% 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 $267.90, making this a +19.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $319.70 per troy ounce on 11 June 2002. That is $1.00 higher than the previous close of $318.70, a move of 0.31%.
The gold price rose on 11 June 2002, gaining $1.00 (0.31%) against the previous session's close of $318.70.
At $319.70 per troy ounce, one gram of pure gold was worth about $10.28 on 11 June 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 June 2002 18k gold was worth about $7.71 per gram and 14k about $6.00 per gram, against $10.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.6 on 11 June 2002, meaning one ounce of gold was worth roughly 65.6 ounces of silver.
A week before 11 June 2002, gold was around $327.80 per troy ounce, so the close of $319.70 is a loss of 2.5% over the week.
A year before 11 June 2002, gold was around $267.90 per troy ounce. The close of $319.70 therefore represents a rise of 19.3% over twelve months.
It closed 2.47% below the highest close on record up to that date, which was set on 2002-06-04.