Distance from the record
This close sat 2.78% below the highest gold close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the gold price in 13 November 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $318.70 per troy ounce on 13 November 2002, down $5.800 (1.79%) from the previous close of $324.50.
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.
This close sat 2.78% 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 $277.80, making this a +14.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $318.70 per troy ounce on 13 November 2002. That is $5.80 lower than the previous close of $324.50, a move of -1.79%.
The gold price fell on 13 November 2002, losing $5.80 (1.79%) against the previous session's close of $324.50.
At $318.70 per troy ounce, one gram of pure gold was worth about $10.25 on 13 November 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 13 November 2002 18k gold was worth about $7.68 per gram and 14k about $5.98 per gram, against $10.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.0 on 13 November 2002, meaning one ounce of gold was worth roughly 70.0 ounces of silver.
A year before 13 November 2002, gold was around $277.80 per troy ounce. The close of $318.70 therefore represents a rise of 14.7% over twelve months.
It closed 2.78% below the highest close on record up to that date, which was set on 2002-06-04.