Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 5 October 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $291.40 per troy ounce on 5 October 2001, up $0.900 (0.31%) from the previous close of $290.50.
No earlier session that month closed above this level.
One of the ten highest gold closes of that year, ranking 7 of 248 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $270.60, making this a +7.69% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $291.40 per troy ounce on 5 October 2001. That is $0.90 higher than the previous close of $290.50, a move of 0.31%.
The gold price rose on 5 October 2001, gaining $0.90 (0.31%) against the previous session's close of $290.50.
At $291.40 per troy ounce, one gram of pure gold was worth about $9.37 on 5 October 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 October 2001 18k gold was worth about $7.03 per gram and 14k about $5.47 per gram, against $9.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 62.5 on 5 October 2001, meaning one ounce of gold was worth roughly 62.5 ounces of silver.
A month before 5 October 2001, gold was around $272.00 per troy ounce, so the close of $291.40 is a gain of 7.1% over the month.
It closed 0.65% below the highest close on record up to that date, which was set on 2001-09-26.