Gold Price in August 2002
In August 2002, gold rose 3.0%, from $303.20 at the end of July to $312.40 per troy ounce on August 30, 2002. The highest close was $314.30 on August 7, 2002, the lowest $304.00 on August 1, 2002, and the average over 22 trading days was $310.15. Today's price is 1,222.8% higher than the August 2002 close.
Gold price chart, August 2002
US dollars per troy ounce · daily closeDaily Gold Prices, August 2002
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Aug 1Thu | $304.00 | +0.26% | $9.77 |
| Aug 2Fri | $307.00 | +0.99% | $9.87 |
| Aug 5Mon | $307.80 | +0.26% | $9.90 |
| Aug 6Tue | $305.50 | −0.75% | $9.82 |
| Aug 7Wed | $314.30 | +2.88% | $10.10 |
| Aug 8Thu | $310.40 | −1.24% | $9.98 |
| Aug 9Fri | $314.20 | +1.22% | $10.10 |
| Aug 12Mon | $314.10 | −0.03% | $10.10 |
| Aug 13Tue | $314.20 | +0.03% | $10.10 |
| Aug 14Wed | $311.80 | −0.76% | $10.02 |
| Aug 15Thu | $314.30 | +0.80% | $10.10 |
| Aug 16Fri | $313.70 | −0.19% | $10.09 |
| Aug 19Mon | $306.00 | −2.45% | $9.84 |
| Aug 20Tue | $308.70 | +0.88% | $9.92 |
| Aug 21Wed | $307.60 | −0.36% | $9.89 |
| Aug 22Thu | $306.60 | −0.33% | $9.86 |
| Aug 23Fri | $306.70 | +0.03% | $9.86 |
| Aug 26Mon | $309.40 | +0.88% | $9.95 |
| Aug 27Tue | $312.30 | +0.94% | $10.04 |
| Aug 28Wed | $309.40 | −0.93% | $9.95 |
| Aug 29Thu | $312.90 | +1.13% | $10.06 |
| Aug 30Fri | $312.40 | −0.16% | $10.04 |
How August usually goes for gold
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%.
Gold in August 2002: FAQ
What was the price of gold in August 2002?
Gold traded between $304.00 and $314.30 per troy ounce (daily closes) in August 2002, averaging $310.15. It closed the month at $312.40.
How much did gold go up in August 2002?
Gold rose 3.0%, from $303.20 to $312.40. The biggest daily rise was +2.9% on August 7, 2002 and the biggest fall −2.5% on August 19, 2002.
What was the gold price on August 1, 2002?
Gold closed at $304.00 per troy ounce on August 1, 2002, the first trading day of the month.
Is August usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%. Past seasonal patterns are not a reliable guide to any single year.