Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 20 August 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $308.70 per troy ounce on 20 August 2002, up $2.700 (0.88%) from the previous close of $306.00.
This was the strongest close of the week up to that point.
This close sat 5.83% 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 $276.10, making this a +11.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $308.70 per troy ounce on 20 August 2002. That is $2.70 higher than the previous close of $306.00, a move of 0.88%.
The gold price rose on 20 August 2002, gaining $2.70 (0.88%) against the previous session's close of $306.00.
At $308.70 per troy ounce, one gram of pure gold was worth about $9.92 on 20 August 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 August 2002 18k gold was worth about $7.44 per gram and 14k about $5.79 per gram, against $9.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.6 on 20 August 2002, meaning one ounce of gold was worth roughly 69.6 ounces of silver.
It closed 5.83% below the highest close on record up to that date, which was set on 2002-06-04.