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 6 September 2002, not the current price.See today's gold price (11 September 2026)
Highest closing price since 22 July 2002
Gold closed at $319.90 per troy ounce on 6 September 2002, up $1.700 (0.53%) from the previous close of $318.20.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 2.41% 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 $273.00, making this a +17.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $319.90 per troy ounce on 6 September 2002. That is $1.70 higher than the previous close of $318.20, a move of 0.53%.
The gold price rose on 6 September 2002, gaining $1.70 (0.53%) against the previous session's close of $318.20.
At $319.90 per troy ounce, one gram of pure gold was worth about $10.29 on 6 September 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 6 September 2002 18k gold was worth about $7.71 per gram and 14k about $6.00 per gram, against $10.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.9 on 6 September 2002, meaning one ounce of gold was worth roughly 70.9 ounces of silver.
A week before 6 September 2002, gold was around $312.40 per troy ounce, so the close of $319.90 is a gain of 2.4% over the week.
A year before 6 September 2002, gold was around $273.00 per troy ounce. The close of $319.90 therefore represents a rise of 17.2% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 2.41% below the highest close on record up to that date, which was set on 2002-06-04.