Distance from the record
This close sat 3.03% below the highest gold close recorded up to that date, set on 2001-09-26.
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This page is a historical record of the gold price in 17 January 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $284.40 per troy ounce on 17 January 2002, down $2.900 (1.01%) from the previous close of $287.30.
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 3.03% below the highest gold close recorded up to that date, set on 2001-09-26.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $263.20, making this a +8.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $284.40 per troy ounce on 17 January 2002. That is $2.90 lower than the previous close of $287.30, a move of -1.01%.
The gold price fell on 17 January 2002, losing $2.90 (1.01%) against the previous session's close of $287.30.
At $284.40 per troy ounce, one gram of pure gold was worth about $9.14 on 17 January 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 January 2002 18k gold was worth about $6.86 per gram and 14k about $5.33 per gram, against $9.14 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.1 on 17 January 2002, meaning one ounce of gold was worth roughly 64.1 ounces of silver.
It closed 3.03% below the highest close on record up to that date, which was set on 2001-09-26.