Distance from the record
This close sat 5.42% 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 27 December 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $277.40 per troy ounce on 27 December 2001, down $2.300 (0.82%) from the previous close of $279.70.
This close sat 5.42% below the highest gold close recorded up to that date, set on 2001-09-26.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $275.20, making this a +0.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $277.40 per troy ounce on 27 December 2001. That is $2.30 lower than the previous close of $279.70, a move of -0.82%.
The gold price fell on 27 December 2001, losing $2.30 (0.82%) against the previous session's close of $279.70.
At $277.40 per troy ounce, one gram of pure gold was worth about $8.92 on 27 December 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 December 2001 18k gold was worth about $6.69 per gram and 14k about $5.20 per gram, against $8.92 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.2 on 27 December 2001, meaning one ounce of gold was worth roughly 62.2 ounces of silver.
It closed 5.42% below the highest close on record up to that date, which was set on 2001-09-26.