Distance from the record
This close sat 1.68% 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 15 February 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $298.40 per troy ounce on 15 February 2002, down $1.300 (0.43%) from the previous close of $299.70.
This close sat 1.68% 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 $255.10, making this a +16.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $298.40 per troy ounce on 15 February 2002. That is $1.30 lower than the previous close of $299.70, a move of -0.43%.
The gold price fell on 15 February 2002, losing $1.30 (0.43%) against the previous session's close of $299.70.
At $298.40 per troy ounce, one gram of pure gold was worth about $9.59 on 15 February 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 February 2002 18k gold was worth about $7.20 per gram and 14k about $5.60 per gram, against $9.59 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.8 on 15 February 2002, meaning one ounce of gold was worth roughly 65.8 ounces of silver.
A year before 15 February 2002, gold was around $255.10 per troy ounce. The close of $298.40 therefore represents a rise of 17.0% over twelve months.
It closed 1.68% below the highest close on record up to that date, which was set on 2002-02-08.