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 26 August 2002, not the current price.See today's gold price (11 September 2026)
Highest closing price since 16 August 2002
Gold closed at $309.40 per troy ounce on 26 August 2002, up $2.700 (0.88%) from the previous close of $306.70.
This was the strongest close of the week up to that point.
This close sat 5.61% 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 $272.50, making this a +13.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $309.40 per troy ounce on 26 August 2002. That is $2.70 higher than the previous close of $306.70, a move of 0.88%.
The gold price rose on 26 August 2002, gaining $2.70 (0.88%) against the previous session's close of $306.70.
At $309.40 per troy ounce, one gram of pure gold was worth about $9.95 on 26 August 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 August 2002 18k gold was worth about $7.46 per gram and 14k about $5.80 per gram, against $9.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.8 on 26 August 2002, meaning one ounce of gold was worth roughly 69.8 ounces of silver.
A year before 26 August 2002, gold was around $272.50 per troy ounce. The close of $309.40 therefore represents a rise of 13.5% over twelve months.
It closed 5.61% below the highest close on record up to that date, which was set on 2002-06-04.