Distance from the record
This close sat 7.44% below the highest gold close recorded up to that date, set on 2002-06-04.
Loading…
This page is a historical record of the gold price in 26 July 2002, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 1 July 2002
Gold closed at $303.40 per troy ounce on 26 July 2002, down $6.400 (2.07%) from the previous close of $309.80.
Gold lost 2.07% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 7.44% 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 $266.20, making this a +13.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $303.40 per troy ounce on 26 July 2002. That is $6.40 lower than the previous close of $309.80, a move of -2.07%.
The gold price fell on 26 July 2002, losing $6.40 (2.07%) against the previous session's close of $309.80.
At $303.40 per troy ounce, one gram of pure gold was worth about $9.75 on 26 July 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 July 2002 18k gold was worth about $7.32 per gram and 14k about $5.69 per gram, against $9.75 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.1 on 26 July 2002, meaning one ounce of gold was worth roughly 65.1 ounces of silver.
A week before 26 July 2002, gold was around $323.90 per troy ounce, so the close of $303.40 is a loss of 6.3% over the week.
A month before 26 July 2002, gold was around $320.50 per troy ounce, so the close of $303.40 is a loss of 5.3% over the month.
A year before 26 July 2002, gold was around $266.20 per troy ounce. The close of $303.40 therefore represents a rise of 14.0% over twelve months.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 7.44% below the highest close on record up to that date, which was set on 2002-06-04.