Loading…
This page is a historical record of the gold price in December 2002, not the current price.See today's gold price (11 September 2026)
Gold ranged between $317.60 and $349.20 per troy ounce during December 2002, averaging $334.94 across 21 trading days. It finished the period at $347.60, up 9.72% from $316.80.
Metal value only, before dealer margins and fabrication.
The strongest session of December 2002 was 12 December 2002 at +2.03%, and the weakest 30 December 2002 at -1.66%.
Twelve months earlier gold traded around $278.70, making this a +24.72% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 2 December 2002 | $317.60 | +$0.800 |
| 3 December 2002 | $320.20 | +$2.600 |
| 4 December 2002 | $322.20 | +$2.000 |
| 5 December 2002 | $324.80 | +$2.600 |
| 6 December 2002 | $326.30 | +$1.500 |
| 9 December 2002 | $325.80 | −$0.500 |
| 10 December 2002 | $323.50 | −$2.300 |
| 11 December 2002 | $324.80 | +$1.300 |
| 12 December 2002 | $331.40 | +$6.600 |
| 13 December 2002 | $333.20 | +$1.800 |
| 16 December 2002 | $337.00 | +$3.800 |
| 17 December 2002 | $337.40 | +$0.400 |
| 18 December 2002 | $342.10 | +$4.700 |
| 19 December 2002 | $345.90 | +$3.800 |
| 20 December 2002 | $340.50 | −$5.400 |
| 23 December 2002 | $345.10 | +$4.600 |
| 24 December 2002 | $346.80 | +$1.700 |
| 26 December 2002 | $348.90 | +$2.100 |
| 27 December 2002 | $349.20 | +$0.300 |
| 30 December 2002 | $343.40 | −$5.800 |
| 31 December 2002 | $347.60 | +$4.200 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished December 2002 at $347.60 per troy ounce, having risen $30.80 (9.72%) over the month. It has traded between $317.60 and $349.20 across 21 trading days.
The average gold closing price in December 2002 was $334.94 per troy ounce, calculated across all 21 trading days in the month.
Gold reached its highest close of December 2002 at $349.20 per troy ounce on 27 December 2002.
The lowest gold close in December 2002 was $317.60 per troy ounce on 2 December 2002.
Gold rose during December 2002. It entered the month at $316.80 and closed at $347.60, a change of 9.72%.
Gold closed higher on 17 sessions and lower on 4 during December 2002. The strongest session was 12 December 2002 (+2.03%) and the weakest 30 December 2002 (-1.66%).
Daily closes in December 2002 varied with a standard deviation of 0.91% per session, and the peak-to-trough spread across the month was 9.9% ($317.60 to $349.20).
At the December 2002 close of $347.60 per troy ounce, gold worked out at about $11.18 per gram and $11,175.60 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 72.1 through December 2002 and finished the month near 72.4. A higher ratio means silver is cheap relative to gold.
Gold was around $278.70 per troy ounce twelve months before the end of December 2002. Closing at $347.60 makes that a gain of 24.7% year on year.