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 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $313.00 per troy ounce on 22 October 2002, up $2.100 (0.68%) from the previous close of $310.90.
This was the strongest close of the week up to that point.
This close sat 4.51% 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 $275.50, making this a +13.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $313.00 per troy ounce on 22 October 2002. That is $2.10 higher than the previous close of $310.90, a move of 0.68%.
The gold price rose on 22 October 2002, gaining $2.10 (0.68%) against the previous session's close of $310.90.
At $313.00 per troy ounce, one gram of pure gold was worth about $10.06 on 22 October 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 October 2002 18k gold was worth about $7.55 per gram and 14k about $5.87 per gram, against $10.06 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.1 on 22 October 2002, meaning one ounce of gold was worth roughly 71.1 ounces of silver.
A year before 22 October 2002, gold was around $275.50 per troy ounce. The close of $313.00 therefore represents a rise of 13.6% over twelve months.
It closed 4.51% below the highest close on record up to that date, which was set on 2002-06-04.