Distance from the record
This close sat 4.12% below the highest gold close recorded up to that date, set on 2002-02-08.
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This page is a historical record of the gold price in 14 March 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $291.00 per troy ounce on 14 March 2002, down $2.600 (0.89%) from the previous close of $293.60.
This close sat 4.12% below the highest gold close recorded up to that date, set on 2002-02-08.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $262.50, making this a +10.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $291.00 per troy ounce on 14 March 2002. That is $2.60 lower than the previous close of $293.60, a move of -0.89%.
The gold price fell on 14 March 2002, losing $2.60 (0.89%) against the previous session's close of $293.60.
At $291.00 per troy ounce, one gram of pure gold was worth about $9.36 on 14 March 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 March 2002 18k gold was worth about $7.02 per gram and 14k about $5.46 per gram, against $9.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.8 on 14 March 2002, meaning one ounce of gold was worth roughly 64.8 ounces of silver.
It closed 4.12% below the highest close on record up to that date, which was set on 2002-02-08.