Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 18 December 2001, not the current price.See today's gold price (11 September 2026)
Highest closing price since 7 November 2001
Gold closed at $280.40 per troy ounce on 18 December 2001, up $2.700 (0.97%) from the previous close of $277.70.
Notable session: highest close of the month.
No earlier session that month closed above this level.
This close sat 4.40% 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 $269.70, making this a +3.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $280.40 per troy ounce on 18 December 2001. That is $2.70 higher than the previous close of $277.70, a move of 0.97%.
The gold price rose on 18 December 2001, gaining $2.70 (0.97%) against the previous session's close of $277.70.
At $280.40 per troy ounce, one gram of pure gold was worth about $9.02 on 18 December 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 December 2001 18k gold was worth about $6.76 per gram and 14k about $5.26 per gram, against $9.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.5 on 18 December 2001, meaning one ounce of gold was worth roughly 63.5 ounces of silver.
A week before 18 December 2001, gold was around $272.20 per troy ounce, so the close of $280.40 is a gain of 3.0% over the week.
It closed 4.40% below the highest close on record up to that date, which was set on 2001-09-26.