Distance from the record
This close sat 1.50% 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 9 October 2001, not the current price.See today's gold price (11 September 2026)
Gold closed at $288.90 per troy ounce on 9 October 2001, down $3.500 (1.20%) from the previous close of $292.40.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 1.50% 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 $270.10, making this a +6.96% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $288.90 per troy ounce on 9 October 2001. That is $3.50 lower than the previous close of $292.40, a move of -1.20%.
The gold price fell on 9 October 2001, losing $3.50 (1.20%) against the previous session's close of $292.40.
At $288.90 per troy ounce, one gram of pure gold was worth about $9.29 on 9 October 2001. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 October 2001 18k gold was worth about $6.97 per gram and 14k about $5.42 per gram, against $9.29 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 63.8 on 9 October 2001, meaning one ounce of gold was worth roughly 63.8 ounces of silver.
A month before 9 October 2001, gold was around $273.10 per troy ounce, so the close of $288.90 is a gain of 5.8% over the month.
It closed 1.50% below the highest close on record up to that date, which was set on 2001-09-26.