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Gold Price in 2002

In 2002, gold rose 24.7%, closing the year at $347.60 per troy ounce, compared with $278.70 at the end of 2001. The highest close was $349.20 on December 27, 2002 and the lowest $278.10 on January 24, 2002; the average for the year was $310.48. Today's price is 1,092.3% above the 2002 close.

End of 2001
$278.70
Year-end close
$347.60
Dec 31
Change
+24.7%
High
$349.20
Dec 27
Low
$278.10
Jan 24
Average
$310.48

Gold price chart, 2002

USD per troy ounce · daily close
$272$314$355Jan 2Mar 5May 2Jul 2Aug 30Oct 30Dec 31

Monthly Gold Prices in 2002

Month-end close and range, US dollars per troy ounce.

MonthCloseHighLowChange
January$282.10$287.40$278.10+1.2%
February$296.70$303.50$286.00+5.2%
March$302.60$302.60$289.90+2.0%
April$308.90$311.60$298.80+2.1%
May$326.50$326.50$307.30+5.7%
June$313.50$327.80$313.50−4.0%
July$303.20$323.90$302.50−3.3%
August$312.40$314.30$304.00+3.0%
September$323.90$325.90$313.40+3.7%
October$318.00$322.10$310.70−1.8%
November$316.80$324.50$316.80−0.4%
December$347.60$349.20$317.60+9.7%

Gold in 2002: FAQ

What was the price of gold in 2002?

Gold traded between $278.10 and $349.20 per troy ounce in 2002 (daily closes), averaging $310.48. It closed the year at $347.60.

How much did gold go up in 2002?

Gold rose 24.7% in 2002, from $278.70 to $347.60 per ounce.

What was the highest gold price in 2002?

The highest daily close in 2002 was $349.20 per troy ounce on December 27, 2002.

What was the best month for gold in 2002?

December (+9.7%). The weakest was June (−4.0%).

Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).