Distance from the record
This close sat 6.68% below the highest gold close recorded up to that date, set on 2001-09-26.
This page is a historical record of the gold price in 5 December 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $273.70 per troy ounce on 5 December 2001, down $1.700 (0.62%) from the previous close of $275.40.
This close sat 6.68% 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 $270.40, making this a +1.22% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $273.70 per troy ounce on 5 December 2001. That is $1.70 lower than the previous close of $275.40, a move of -0.62%.
The gold price fell on 5 December 2001, losing $1.70 (0.62%) against the previous session's close of $275.40.
At $273.70 per troy ounce, one gram of pure gold was worth about $8.80 on 5 December 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2001 18k gold was worth about $6.60 per gram and 14k about $5.13 per gram, against $8.80 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 65.5 on 5 December 2001, meaning one ounce of gold was worth roughly 65.5 ounces of silver.
It closed 6.68% below the highest close on record up to that date, which was set on 2001-09-26.