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 21 October 2002, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 28 August 2002
Gold closed at $310.90 per troy ounce on 21 October 2002, down $1.800 (0.58%) from the previous close of $312.70.
This was the strongest close of the week up to that point.
This close sat 5.16% 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 $280.10, making this a +11.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $310.90 per troy ounce on 21 October 2002. That is $1.80 lower than the previous close of $312.70, a move of -0.58%.
The gold price fell on 21 October 2002, losing $1.80 (0.58%) against the previous session's close of $312.70.
At $310.90 per troy ounce, one gram of pure gold was worth about $10.00 on 21 October 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 October 2002 18k gold was worth about $7.50 per gram and 14k about $5.83 per gram, against $10.00 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.6 on 21 October 2002, meaning one ounce of gold was worth roughly 71.6 ounces of silver.
A week before 21 October 2002, gold was around $317.80 per troy ounce, so the close of $310.90 is a loss of 2.2% over the week.
It closed 5.16% below the highest close on record up to that date, which was set on 2002-06-04.