Distance from the record
This close sat 6.10% below the highest gold close recorded up to that date, set on 2001-09-26.
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This page is a historical record of the gold price in 4 December 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $275.40 per troy ounce on 4 December 2001, down $1.500 (0.54%) from the previous close of $276.90.
This close sat 6.10% below the highest gold close recorded up to that date, set on 2001-09-26.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $270.70, making this a +1.74% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $275.40 per troy ounce on 4 December 2001. That is $1.50 lower than the previous close of $276.90, a move of -0.54%.
The gold price fell on 4 December 2001, losing $1.50 (0.54%) against the previous session's close of $276.90.
At $275.40 per troy ounce, one gram of pure gold was worth about $8.85 on 4 December 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 December 2001 18k gold was worth about $6.64 per gram and 14k about $5.17 per gram, against $8.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 66.7 on 4 December 2001, meaning one ounce of gold was worth roughly 66.7 ounces of silver.
It closed 6.10% below the highest close on record up to that date, which was set on 2001-09-26.