Distance from the record
This close sat 2.27% below the highest gold close recorded up to that date, set on 2002-02-08.
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This page is a historical record of the gold price in 26 March 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $296.60 per troy ounce on 26 March 2002, down $0.800 (0.27%) from the previous close of $297.40.
This close sat 2.27% below the highest gold close recorded up to that date, set on 2002-02-08.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $261.90, making this a +13.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $296.60 per troy ounce on 26 March 2002. That is $0.80 lower than the previous close of $297.40, a move of -0.27%.
The gold price fell on 26 March 2002, losing $0.80 (0.27%) against the previous session's close of $297.40.
At $296.60 per troy ounce, one gram of pure gold was worth about $9.54 on 26 March 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 March 2002 18k gold was worth about $7.15 per gram and 14k about $5.56 per gram, against $9.54 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.8 on 26 March 2002, meaning one ounce of gold was worth roughly 64.8 ounces of silver.
A year before 26 March 2002, gold was around $261.90 per troy ounce. The close of $296.60 therefore represents a rise of 13.2% over twelve months.
It closed 2.27% below the highest close on record up to that date, which was set on 2002-02-08.