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 2 December 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $317.60 per troy ounce on 2 December 2002, up $0.800 (0.25%) from the previous close of $316.80.
Notable session: lowest close of the month.
No earlier session that month closed above this level.
This close sat 3.11% 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 $273.90, making this a +15.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $317.60 per troy ounce on 2 December 2002. That is $0.80 higher than the previous close of $316.80, a move of 0.25%.
The gold price rose on 2 December 2002, gaining $0.80 (0.25%) against the previous session's close of $316.80.
At $317.60 per troy ounce, one gram of pure gold was worth about $10.21 on 2 December 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 December 2002 18k gold was worth about $7.66 per gram and 14k about $5.96 per gram, against $10.21 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.8 on 2 December 2002, meaning one ounce of gold was worth roughly 71.8 ounces of silver.
A year before 2 December 2002, gold was around $273.90 per troy ounce. The close of $317.60 therefore represents a rise of 16.0% over twelve months.
It closed 3.11% below the highest close on record up to that date, which was set on 2002-06-04.