Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 27 March 2002, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 March 2002
Gold closed at $302.20 per troy ounce on 27 March 2002, up $5.600 (1.89%) from the previous close of $296.60.
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 was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $261.00, making this a +15.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $302.20 per troy ounce on 27 March 2002. That is $5.60 higher than the previous close of $296.60, a move of 1.89%.
The gold price rose on 27 March 2002, gaining $5.60 (1.89%) against the previous session's close of $296.60.
At $302.20 per troy ounce, one gram of pure gold was worth about $9.72 on 27 March 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2002 18k gold was worth about $7.29 per gram and 14k about $5.67 per gram, against $9.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.7 on 27 March 2002, meaning one ounce of gold was worth roughly 64.7 ounces of silver.
A week before 27 March 2002, gold was around $292.10 per troy ounce, so the close of $302.20 is a gain of 3.5% over the week.
A year before 27 March 2002, gold was around $261.00 per troy ounce. The close of $302.20 therefore represents a rise of 15.8% over twelve months.
It closed 0.43% below the highest close on record up to that date, which was set on 2002-02-08.