Gold price in March 2002: daily prices, high, low and change
Gold closed March 2002 at $302.60 an ounce, up 1.99% on the month. The highest close was $302.60 on 28 Mar and the lowest $289.90 on 15 Mar. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, March 2002 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = February 2002 close ($296.70).
Daily gold prices in March 2002 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Fri 1 Mar | — | — | — | $298.00 | +$1.30 | +0.44% |
| Mon 4 Mar | — | — | — | $296.70 | −$1.30 | −0.44% |
| Tue 5 Mar | $298.00 | $298.00 | $294.00 | $294.00 | −$2.70 | −0.91% |
| Wed 6 Mar | $293.50 | $293.50 | $293.40 | $293.50 | −$0.50 | −0.17% |
| Thu 7 Mar worst day | — | — | — | $290.10 | −$3.40 | −1.16% |
| Fri 8 Mar | — | — | — | $290.10 | $0.00 | 0.00% |
| Mon 11 Mar | — | — | — | $291.10 | +$1.00 | +0.34% |
| Tue 12 Mar | — | — | — | $293.60 | +$2.50 | +0.86% |
| Wed 13 Mar | — | — | — | $293.60 | $0.00 | 0.00% |
| Thu 14 Mar | — | — | — | $291.00 | −$2.60 | −0.89% |
| Fri 15 Mar | — | — | — | $289.90 | −$1.10 | −0.38% |
| Mon 18 Mar | — | — | — | $292.10 | +$2.20 | +0.76% |
| Tue 19 Mar | — | — | — | $292.80 | +$0.70 | +0.24% |
| Wed 20 Mar | — | — | — | $292.10 | −$0.70 | −0.24% |
| Thu 21 Mar | — | — | — | $292.80 | +$0.70 | +0.24% |
| Fri 22 Mar | — | — | — | $297.30 | +$4.50 | +1.54% |
| Mon 25 Mar | — | — | — | $297.40 | +$0.10 | +0.03% |
| Tue 26 Mar | — | — | — | $296.60 | −$0.80 | −0.27% |
| Wed 27 Mar best day | $296.80 | $303.10 | $296.30 | $302.20 | +$5.60 | +1.89% |
| Thu 28 Mar | $302.80 | $304.50 | $300.50 | $302.60 | +$0.40 | +0.13% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 16 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| March 2002 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $298.00 | $302.60 | $289.90 | $302.60 | +1.99% |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2002 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in March 2002: summary
Gold edged up 1.99% in March 2002, closing the month at $302.60 an ounce against $296.70 at the end of February 2002. Settlement prices ranged from $289.90 on 15 March 2002 to $302.60 on 28 March 2002, a spread of $12.70 (4.3%), narrower than the 4.8% average of the previous 12 months. Gold closed higher on 10 of 20 trading days and lower on 8; the strongest session was 27 March 2002 (+1.89%) and the weakest 7 March 2002 (−1.16%).
It was gold's 4th monthly gain in a row.
How March 2002 compares
- Against other Marches: at +1.99%, March 2002 ranks 8th of 26 Marches since 2001 (best first).
- Against every month: it ranks 133rd of 313 months since September 2000, better than 58% of them.
- Range: the gap between the highest and lowest close was $12.70, or 4.3% of the opening level, 0.9× the 4.8% average of the previous 12 months.
- Daily moves: the average day moved 0.55% (up or down), against 0.64% over the previous 12 months, so March 2002 was calmer than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +8.58% for 2002 to the end of March and +17.33% over 12 months (against the March 2001 close of $257.90).
- Average price: the mean of the 20 daily closes was $294.38; the World Bank's monthly average of the London (LBMA) price was $294.00.
Across the other 25 completed Marches since 2001, gold averaged +0.14% and rose in 11 of them (44%). March 2002 beat that average by 1.9 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Marches side by side.
March 2002 in today's dollars
Adjusted for US consumer-price inflation, the $302.60 closing price equals about $570 in September 2026 dollars (CPI 178.5 in March 2002 against 336.3 in September 2026, FRED series CPIAUCSL), 88% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2002
The gold price in 2002 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in March 2002?
Gold closed March 2002 at $302.60 an ounce (COMEX settlement). It opened the month at $298.00 and averaged $294.38 across 20 trading days; the World Bank’s London average for the month was $294.00.
Did gold go up in March 2002?
Yes. Gold was up 1.99% in March 2002, from $296.70 at the end of February 2002 to $302.60. It closed higher on 10 of 20 days. Among Marches since 2001 it ranks 8th of 26 (best first).
What was the highest gold price in March 2002?
The highest close was $302.60 on 28 March 2002.
What was the lowest gold price in March 2002?
The lowest close was $289.90 on 15 March 2002, $12.70 (4.3%) below the month’s highest close.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.