Distance from the record
This close sat 3.45% 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 30 October 2002, not the current price.See today's gold price (11 September 2026)
Gold closed at $316.50 per troy ounce on 30 October 2002, down $1.200 (0.38%) from the previous close of $317.70.
This close sat 3.45% 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 $280.60, making this a +12.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $316.50 per troy ounce on 30 October 2002. That is $1.20 lower than the previous close of $317.70, a move of -0.38%.
The gold price fell on 30 October 2002, losing $1.20 (0.38%) against the previous session's close of $317.70.
At $316.50 per troy ounce, one gram of pure gold was worth about $10.18 on 30 October 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 30 October 2002 18k gold was worth about $7.63 per gram and 14k about $5.94 per gram, against $10.18 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.7 on 30 October 2002, meaning one ounce of gold was worth roughly 70.7 ounces of silver.
A year before 30 October 2002, gold was around $280.60 per troy ounce. The close of $316.50 therefore represents a rise of 12.8% over twelve months.
It closed 3.45% below the highest close on record up to that date, which was set on 2002-06-04.