Distance from the record
This close sat 2.81% below the highest gold close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the gold price in 19 November 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $318.60 per troy ounce on 19 November 2002, down $0.600 (0.19%) from the previous close of $319.20.
This close sat 2.81% 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 $272.70, making this a +16.83% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $318.60 per troy ounce on 19 November 2002. That is $0.60 lower than the previous close of $319.20, a move of -0.19%.
The gold price fell on 19 November 2002, losing $0.60 (0.19%) against the previous session's close of $319.20.
At $318.60 per troy ounce, one gram of pure gold was worth about $10.24 on 19 November 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 November 2002 18k gold was worth about $7.68 per gram and 14k about $5.98 per gram, against $10.24 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.1 on 19 November 2002, meaning one ounce of gold was worth roughly 70.1 ounces of silver.
A year before 19 November 2002, gold was around $272.70 per troy ounce. The close of $318.60 therefore represents a rise of 16.8% over twelve months.
It closed 2.81% below the highest close on record up to that date, which was set on 2002-06-04.