Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 28 January 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $278.30 per troy ounce on 28 January 2002, down $0.500 (0.18%) from the previous close of $278.80.
This was the strongest close of the week up to that point.
This close sat 5.11% below the highest gold close recorded up to that date, set on 2001-09-26.
One of the ten lowest gold closes of that year, ranking 248 of 250 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $262.80, making this a +5.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $278.30 per troy ounce on 28 January 2002. That is $0.50 lower than the previous close of $278.80, a move of -0.18%.
The gold price fell on 28 January 2002, losing $0.50 (0.18%) against the previous session's close of $278.80.
At $278.30 per troy ounce, one gram of pure gold was worth about $8.95 on 28 January 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 January 2002 18k gold was worth about $6.71 per gram and 14k about $5.22 per gram, against $8.95 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.6 on 28 January 2002, meaning one ounce of gold was worth roughly 65.6 ounces of silver.
It closed 5.11% below the highest close on record up to that date, which was set on 2001-09-26.