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 8 November 2002, not the current price.See today's gold price (11 September 2026)
Highest closing price since 7 October 2002
Gold closed at $321.30 per troy ounce on 8 November 2002, up $0.800 (0.25%) from the previous close of $320.50.
No earlier session that month closed above this level.
This close sat 1.98% 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 $276.80, making this a +16.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $321.30 per troy ounce on 8 November 2002. That is $0.80 higher than the previous close of $320.50, a move of 0.25%.
The gold price rose on 8 November 2002, gaining $0.80 (0.25%) against the previous session's close of $320.50.
At $321.30 per troy ounce, one gram of pure gold was worth about $10.33 on 8 November 2002. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 8 November 2002 18k gold was worth about $7.75 per gram and 14k about $6.03 per gram, against $10.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.0 on 8 November 2002, meaning one ounce of gold was worth roughly 71.0 ounces of silver.
A year before 8 November 2002, gold was around $276.80 per troy ounce. The close of $321.30 therefore represents a rise of 16.1% over twelve months.
It closed 1.98% below the highest close on record up to that date, which was set on 2002-06-04.