Distance from the record
This close sat 4.17% below the highest gold close recorded up to that date, set on 2000-09-27.
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This page is a historical record of the gold price in 28 February 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $266.80 per troy ounce on 28 February 2001, down $0.600 (0.22%) from the previous close of $267.40.
This close sat 4.17% below the highest gold close recorded up to that date, set on 2000-09-27.
Metal value only, before dealer margins and fabrication.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $266.80 per troy ounce on 28 February 2001. That is $0.60 lower than the previous close of $267.40, a move of -0.22%.
The gold price fell on 28 February 2001, losing $0.60 (0.22%) against the previous session's close of $267.40.
At $266.80 per troy ounce, one gram of pure gold was worth about $8.58 on 28 February 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 February 2001 18k gold was worth about $6.43 per gram and 14k about $5.00 per gram, against $8.58 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 59.7 on 28 February 2001, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A week before 28 February 2001, gold was around $258.20 per troy ounce, so the close of $266.80 is a gain of 3.3% over the week.
It closed 4.17% below the highest close on record up to that date, which was set on 2000-09-27.