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 30 July 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $303.70 per troy ounce on 30 July 2002, up $1.200 (0.40%) from the previous close of $302.50.
This was the strongest close of the week up to that point.
This close sat 7.35% 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 $264.60, making this a +14.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $303.70 per troy ounce on 30 July 2002. That is $1.20 higher than the previous close of $302.50, a move of 0.40%.
The gold price rose on 30 July 2002, gaining $1.20 (0.40%) against the previous session's close of $302.50.
At $303.70 per troy ounce, one gram of pure gold was worth about $9.76 on 30 July 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 July 2002 18k gold was worth about $7.32 per gram and 14k about $5.70 per gram, against $9.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.2 on 30 July 2002, meaning one ounce of gold was worth roughly 65.2 ounces of silver.
A week before 30 July 2002, gold was around $312.70 per troy ounce, so the close of $303.70 is a loss of 2.9% over the week.
A year before 30 July 2002, gold was around $264.60 per troy ounce. The close of $303.70 therefore represents a rise of 14.8% over twelve months.
It closed 7.35% below the highest close on record up to that date, which was set on 2002-06-04.