Distance from the record
This close sat 3.48% below the highest gold close recorded up to that date, set on 2001-09-26.
Loading…
This page is a historical record of the gold price in 18 January 2002, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 8 January 2002
Gold closed at $283.10 per troy ounce on 18 January 2002, down $1.300 (0.46%) from the previous close of $284.40.
This close sat 3.48% 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 $264.20, making this a +7.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $283.10 per troy ounce on 18 January 2002. That is $1.30 lower than the previous close of $284.40, a move of -0.46%.
The gold price fell on 18 January 2002, losing $1.30 (0.46%) against the previous session's close of $284.40.
At $283.10 per troy ounce, one gram of pure gold was worth about $9.10 on 18 January 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 January 2002 18k gold was worth about $6.83 per gram and 14k about $5.31 per gram, against $9.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.3 on 18 January 2002, meaning one ounce of gold was worth roughly 65.3 ounces of silver.
It closed 3.48% below the highest close on record up to that date, which was set on 2001-09-26.