Distance from the record
This close sat 4.94% 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 25 January 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $278.80 per troy ounce on 25 January 2002, up $0.700 (0.25%) from the previous close of $278.10.
This close sat 4.94% below the highest gold close recorded up to that date, set on 2001-09-26.
One of the ten lowest gold closes of that year, ranking 245 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $264.50, making this a +5.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $278.80 per troy ounce on 25 January 2002. That is $0.70 higher than the previous close of $278.10, a move of 0.25%.
The gold price rose on 25 January 2002, gaining $0.70 (0.25%) against the previous session's close of $278.10.
At $278.80 per troy ounce, one gram of pure gold was worth about $8.96 on 25 January 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 January 2002 18k gold was worth about $6.72 per gram and 14k about $5.23 per gram, against $8.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.9 on 25 January 2002, meaning one ounce of gold was worth roughly 64.9 ounces of silver.
It closed 4.94% below the highest close on record up to that date, which was set on 2001-09-26.