Distance from the record
This close sat 5.93% below the highest gold close recorded up to that date, set on 2001-09-26.
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This page is a historical record of the gold price in 24 October 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $275.90 per troy ounce on 24 October 2001, down $0.200 (0.07%) from the previous close of $276.10.
Gold barely moved, closing within 0.07% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 5.93% 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 $270.10, making this a +2.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $275.90 per troy ounce on 24 October 2001. That is $0.20 lower than the previous close of $276.10, a move of -0.07%.
The gold price fell on 24 October 2001, losing $0.20 (0.07%) against the previous session's close of $276.10.
At $275.90 per troy ounce, one gram of pure gold was worth about $8.87 on 24 October 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 October 2001 18k gold was worth about $6.65 per gram and 14k about $5.17 per gram, against $8.87 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.6 on 24 October 2001, meaning one ounce of gold was worth roughly 65.6 ounces of silver.
A week before 24 October 2001, gold was around $283.40 per troy ounce, so the close of $275.90 is a loss of 2.6% over the week.
It closed 5.93% below the highest close on record up to that date, which was set on 2001-09-26.