Distance from the record
This close sat 4.36% below the highest gold close recorded up to that date, set on 2002-06-04.
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This page is a historical record of the gold price in 28 June 2002, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 17 May 2002
Gold closed at $313.50 per troy ounce on 28 June 2002, down $5.700 (1.79%) from the previous close of $319.20.
Notable session: lowest close of the month.
This close sat 4.36% below the highest gold close recorded up to that date, set on 2002-06-04.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $269.30, making this a +16.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $313.50 per troy ounce on 28 June 2002. That is $5.70 lower than the previous close of $319.20, a move of -1.79%.
The gold price fell on 28 June 2002, losing $5.70 (1.79%) against the previous session's close of $319.20.
At $313.50 per troy ounce, one gram of pure gold was worth about $10.08 on 28 June 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 28 June 2002 18k gold was worth about $7.56 per gram and 14k about $5.88 per gram, against $10.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 64.9 on 28 June 2002, meaning one ounce of gold was worth roughly 64.9 ounces of silver.
A week before 28 June 2002, gold was around $324.60 per troy ounce, so the close of $313.50 is a loss of 3.4% over the week.
A year before 28 June 2002, gold was around $269.30 per troy ounce. The close of $313.50 therefore represents a rise of 16.4% over twelve months.
It closed 4.36% below the highest close on record up to that date, which was set on 2002-06-04.