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 15 August 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $314.30 per troy ounce on 15 August 2002, up $2.500 (0.80%) from the previous close of $311.80.
This was the strongest close of the week up to that point.
This close sat 4.12% 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 $275.70, making this a +14.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $314.30 per troy ounce on 15 August 2002. That is $2.50 higher than the previous close of $311.80, a move of 0.80%.
The gold price rose on 15 August 2002, gaining $2.50 (0.80%) against the previous session's close of $311.80.
At $314.30 per troy ounce, one gram of pure gold was worth about $10.10 on 15 August 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 August 2002 18k gold was worth about $7.58 per gram and 14k about $5.89 per gram, against $10.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.2 on 15 August 2002, meaning one ounce of gold was worth roughly 70.2 ounces of silver.
A year before 15 August 2002, gold was around $275.70 per troy ounce. The close of $314.30 therefore represents a rise of 14.0% over twelve months.
It closed 4.12% below the highest close on record up to that date, which was set on 2002-06-04.