Gold price by month

Gold price in June 2002: daily prices, high, low and change

Gold closed June 2002 at $313.50 an ounce, down 3.98% on the month. The highest close was $327.80 on 4 Jun and the lowest $313.50 on 28 Jun. Every trading day below, with ranks and context computed from COMEX data.

Month close$313.5028 June 2002
Monthly change−4.0%vs $326.50 at the end of May 2002
Highest close$327.804 June 2002
Lowest close$313.5028 June 2002

Gold price chart, June 2002 (daily close and high-low range, US$ per ounce)

$315$320$325$3303571113171921252728high close $327.80low close $313.50
$315$320$325$3303713192528$327.80$313.50

Gold line = daily settlement; bars = intraday high to low where available; dashed line = May 2002 close ($326.50).

Daily gold prices in June 2002 (20 trading days)

Daily gold prices, June 2002
DateOpenHighLowCloseChange% change
Mon 3 Jun$326.60$328.50$325.00$326.70+$0.20+0.06%
Tue 4 Jun$327.00$330.30$327.00$327.80+$1.10+0.34%
Wed 5 Jun worst day$327.30$327.30$320.10$321.20−$6.60−2.01%
Thu 6 Jun best day$321.10$326.00$321.10$324.90+$3.70+1.15%
Fri 7 Jun$325.50$327.50$323.90$324.60−$0.30−0.09%
Mon 10 Jun$323.00$323.90$318.00$318.70−$5.90−1.82%
Tue 11 Jun$319.30$319.70$316.00$319.70+$1.00+0.31%
Wed 12 Jun$319.60$322.30$318.80$320.30+$0.60+0.19%
Thu 13 Jun$320.10$320.10$317.00$317.70−$2.60−0.81%
Fri 14 Jun$321.20$321.50$319.10$319.10+$1.40+0.44%
Mon 17 Jun$318.00$318.80$317.30$317.40−$1.70−0.53%
Tue 18 Jun$317.00$319.20$317.00$319.20+$1.80+0.57%
Wed 19 Jun$320.20$320.60$319.80$319.80+$0.60+0.19%
Thu 20 Jun$321.30$324.50$321.30$323.20+$3.40+1.06%
Fri 21 Jun$322.90$325.20$322.20$324.60+$1.40+0.43%
Mon 24 Jun$326.50$327.30$324.00$324.30−$0.30−0.09%
Tue 25 Jun$323.70$323.70$318.00$320.20−$4.10−1.26%
Wed 26 Jun$322.10$324.00$320.50$320.50+$0.30+0.09%
Thu 27 Jun$320.30$320.30$319.20$319.20−$1.30−0.41%
Fri 28 Jun———$313.50−$5.70−1.79%

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 1 day 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

June 2002OpenHighLowCloseChange
Settlements$326.70$327.80$313.50$313.50−3.98%
Intraday$326.60$330.30 4 Jun$316.00 11 Jun$313.50—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2002 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.

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 June 2002: summary

Gold dropped 3.98% in June 2002, from $326.50 at the end of May 2002 to $313.50 an ounce. Settlement prices ranged from $313.50 on 28 June 2002 to $327.80 on 4 June 2002, a spread of $14.30 (4.4%), narrower than the 4.6% average of the previous 12 months. Gold closed higher on 11 of 20 trading days and lower on 9; the strongest session was 6 June 2002 (+1.15%) and the weakest 5 June 2002 (−2.01%).

It ended a run of 6 straight monthly gains.

How June 2002 compares

  • Against other Junes: at −3.98%, June 2002 ranks 20th of 26 Junes since 2001 (best first).
  • Against every month: it ranks 273rd of 313 months since September 2000, better than 13% of them.
  • Range: the gap between the highest and lowest close was $14.30, or 4.4% of the opening level, 1.0× the 4.6% average of the previous 12 months.
  • Daily moves: the average day moved 0.68% (up or down), against 0.60% over the previous 12 months, so June 2002 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was +12.49% for 2002 to the end of June and +15.85% over 12 months (against the June 2001 close of $270.60).
  • Average price: the mean of the 20 daily closes was $321.13; the World Bank's monthly average of the London (LBMA) price was $321.00.

Across the other 25 completed Junes since 2001, gold averaged −0.75% and rose in 11 of them (44%). June 2002 lagged that average by 3.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Junes side by side.

June 2002 in today's dollars

Adjusted for US consumer-price inflation, the $313.50 closing price equals about $587 in September 2026 dollars (CPI 179.6 in June 2002 against 336.3 in September 2026, FRED series CPIAUCSL), 87% 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 June 2002?

Gold closed June 2002 at $313.50 an ounce (COMEX settlement). It opened the month at $326.70 and averaged $321.13 across 20 trading days; the World Bank’s London average for the month was $321.00.

Did gold go up in June 2002?

No. Gold was down 3.98% in June 2002, from $326.50 at the end of May 2002 to $313.50. It closed higher on 11 of 20 days. Among Junes since 2001 it ranks 20th of 26 (best first).

What was the highest gold price in June 2002?

The highest close was $327.80 on 4 June 2002. The highest intraday price in the daily bars was $330.30 on 4 June 2002.

What was the lowest gold price in June 2002?

The lowest close was $313.50 on 28 June 2002, $14.30 (4.4%) below the month’s highest close. The lowest intraday price was $316.00 on 11 June 2002.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.