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Gold Price in November 2002

In November 2002, gold fell 0.4%, from $318.00 at the end of October to $316.80 per troy ounce on November 27, 2002. The highest close was $324.50 on November 12, 2002, the lowest $316.80 on November 27, 2002, and the average over 19 trading days was $319.12. Today's price is 1,204.4% higher than the November 2002 close.

End of October
$318.00
Month-end close
$316.80
Nov 27
Change
−0.4%
High
$324.50
Nov 12
Low
$316.80
Nov 27
Average
$319.12
19 trading days

Gold price chart, November 2002

US dollars per troy ounce · daily close
$316$321$325Oct 31Nov 5Nov 8Nov 14Nov 19Nov 22Nov 27

Daily Gold Prices, November 2002

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Nov 1Fri$318.80+0.25% $10.25
Nov 4Mon$318.30−0.16% $10.23
Nov 5Tue$318.20−0.03% $10.23
Nov 6Wed$317.50−0.22% $10.21
Nov 7Thu$320.50+0.94% $10.30
Nov 8Fri$321.30+0.25% $10.33
Nov 11Mon$321.20−0.03% $10.33
Nov 12Tue$324.50+1.03% $10.43
Nov 13Wed$318.70−1.79% $10.25
Nov 14Thu$317.90−0.25% $10.22
Nov 15Fri$320.70+0.88% $10.31
Nov 18Mon$319.20−0.47% $10.26
Nov 19Tue$318.60−0.19% $10.24
Nov 20Wed$317.40−0.38% $10.20
Nov 21Thu$317.400.00% $10.20
Nov 22Fri$320.70+1.04% $10.31
Nov 25Mon$317.80−0.90% $10.22
Nov 26Tue$317.70−0.03% $10.21
Nov 27Wed$316.80−0.28% $10.19
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How November usually goes for gold

In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%.

Gold in November 2002: FAQ

What was the price of gold in November 2002?

Gold traded between $316.80 and $324.50 per troy ounce (daily closes) in November 2002, averaging $319.12. It closed the month at $316.80.

How much did gold go down in November 2002?

Gold fell 0.4%, from $318.00 to $316.80. The biggest daily rise was +1.0% on November 22, 2002 and the biggest fall −1.8% on November 13, 2002.

What was the gold price on November 1, 2002?

Gold closed at $318.80 per troy ounce on November 1, 2002, the first trading day of the month.

Is November usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in November 11 times out of 20, with an average move of +1.0% and a median of +0.4%. Past seasonal patterns are not a reliable guide to any single year.