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 12 June 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $320.30 per troy ounce on 12 June 2002, up $0.600 (0.19%) from the previous close of $319.70.
This was the strongest close of the week up to that point.
This close sat 2.29% 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 $271.50, making this a +17.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $320.30 per troy ounce on 12 June 2002. That is $0.60 higher than the previous close of $319.70, a move of 0.19%.
The gold price rose on 12 June 2002, gaining $0.60 (0.19%) against the previous session's close of $319.70.
At $320.30 per troy ounce, one gram of pure gold was worth about $10.30 on 12 June 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 June 2002 18k gold was worth about $7.72 per gram and 14k about $6.01 per gram, against $10.30 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.2 on 12 June 2002, meaning one ounce of gold was worth roughly 65.2 ounces of silver.
A year before 12 June 2002, gold was around $271.50 per troy ounce. The close of $320.30 therefore represents a rise of 18.0% over twelve months.
It closed 2.29% below the highest close on record up to that date, which was set on 2002-06-04.