Highest so far that month
No earlier session that month closed above this level.
Loading…
This page is a historical record of the gold price in 12 November 2002, not the current price.See today's gold price (11 September 2026)
Highest closing price since 24 September 2002
Gold closed at $324.50 per troy ounce on 12 November 2002, up $3.300 (1.03%) from the previous close of $321.20.
Notable session: highest close of the month.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
No earlier session that month closed above this level.
This close sat 1.01% 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 $278.30, making this a +16.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $324.50 per troy ounce on 12 November 2002. That is $3.30 higher than the previous close of $321.20, a move of 1.03%.
The gold price rose on 12 November 2002, gaining $3.30 (1.03%) against the previous session's close of $321.20.
At $324.50 per troy ounce, one gram of pure gold was worth about $10.43 on 12 November 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 November 2002 18k gold was worth about $7.82 per gram and 14k about $6.09 per gram, against $10.43 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.6 on 12 November 2002, meaning one ounce of gold was worth roughly 70.6 ounces of silver.
A year before 12 November 2002, gold was around $278.30 per troy ounce. The close of $324.50 therefore represents a rise of 16.6% over twelve months.
It closed 1.01% below the highest close on record up to that date, which was set on 2002-06-04.