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 October 2001, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 10 September 2001
Gold closed at $275.50 per troy ounce on 22 October 2001, down $4.600 (1.64%) from the previous close of $280.10.
Notable session: lowest close of the month.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 6.07% below the highest gold close recorded up to that date, set on 2001-09-26.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $271.20, making this a +1.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $275.50 per troy ounce on 22 October 2001. That is $4.60 lower than the previous close of $280.10, a move of -1.64%.
The gold price fell on 22 October 2001, losing $4.60 (1.64%) against the previous session's close of $280.10.
At $275.50 per troy ounce, one gram of pure gold was worth about $8.86 on 22 October 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 October 2001 18k gold was worth about $6.64 per gram and 14k about $5.17 per gram, against $8.86 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.3 on 22 October 2001, meaning one ounce of gold was worth roughly 65.3 ounces of silver.
A week before 22 October 2001, gold was around $282.10 per troy ounce, so the close of $275.50 is a loss of 2.3% over the week.
A month before 22 October 2001, gold was around $291.90 per troy ounce, so the close of $275.50 is a loss of 5.6% over the month.
It closed 6.07% below the highest close on record up to that date, which was set on 2001-09-26.