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 22 November 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $320.70 per troy ounce on 22 November 2002, up $3.300 (1.04%) from the previous close of $317.40.
This was the strongest close of the week up to that point.
This close sat 2.17% 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 $272.90, making this a +17.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $320.70 per troy ounce on 22 November 2002. That is $3.30 higher than the previous close of $317.40, a move of 1.04%.
The gold price rose on 22 November 2002, gaining $3.30 (1.04%) against the previous session's close of $317.40.
At $320.70 per troy ounce, one gram of pure gold was worth about $10.31 on 22 November 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 November 2002 18k gold was worth about $7.73 per gram and 14k about $6.01 per gram, against $10.31 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.6 on 22 November 2002, meaning one ounce of gold was worth roughly 70.6 ounces of silver.
A year before 22 November 2002, gold was around $272.90 per troy ounce. The close of $320.70 therefore represents a rise of 17.5% over twelve months.
It closed 2.17% below the highest close on record up to that date, which was set on 2002-06-04.