Distance from the record
This close sat 1.71% below the highest gold close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the gold price in 25 September 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $322.20 per troy ounce on 25 September 2002, down $3.700 (1.14%) from the previous close of $325.90.
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 close sat 1.71% 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 $290.50, making this a +10.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $322.20 per troy ounce on 25 September 2002. That is $3.70 lower than the previous close of $325.90, a move of -1.14%.
The gold price fell on 25 September 2002, losing $3.70 (1.14%) against the previous session's close of $325.90.
At $322.20 per troy ounce, one gram of pure gold was worth about $10.36 on 25 September 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 25 September 2002 18k gold was worth about $7.77 per gram and 14k about $6.04 per gram, against $10.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.4 on 25 September 2002, meaning one ounce of gold was worth roughly 70.4 ounces of silver.
A month before 25 September 2002, gold was around $306.70 per troy ounce, so the close of $322.20 is a gain of 5.1% over the month.
It closed 1.71% below the highest close on record up to that date, which was set on 2002-06-04.