Gold price in November 2002: daily prices, high, low and change
Gold closed November 2002 at $316.80 an ounce, down 0.38% on the month. The highest close was $324.50 on 12 Nov and the lowest $316.80 on 27 Nov. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, November 2002 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = October 2002 close ($318.00).
Daily gold prices in November 2002 (19 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Fri 1 Nov | — | — | — | $318.80 | +$0.80 | +0.25% |
| Mon 4 Nov | — | — | — | $318.30 | −$0.50 | −0.16% |
| Tue 5 Nov | — | — | — | $318.20 | −$0.10 | −0.03% |
| Wed 6 Nov | — | — | — | $317.50 | −$0.70 | −0.22% |
| Thu 7 Nov | — | — | — | $320.50 | +$3.00 | +0.94% |
| Fri 8 Nov | $321.50 | $321.50 | $321.30 | $321.30 | +$0.80 | +0.25% |
| Mon 11 Nov | — | — | — | $321.20 | −$0.10 | −0.03% |
| Tue 12 Nov | — | — | — | $324.50 | +$3.30 | +1.03% |
| Wed 13 Nov worst day | $318.70 | $318.70 | $317.50 | $318.70 | −$5.80 | −1.79% |
| Thu 14 Nov | $318.80 | $318.80 | $317.90 | $317.90 | −$0.80 | −0.25% |
| Fri 15 Nov | — | — | — | $320.70 | +$2.80 | +0.88% |
| Mon 18 Nov | — | — | — | $319.20 | −$1.50 | −0.47% |
| Tue 19 Nov | — | — | — | $318.60 | −$0.60 | −0.19% |
| Wed 20 Nov | — | — | — | $317.40 | −$1.20 | −0.38% |
| Thu 21 Nov | — | — | — | $317.40 | $0.00 | 0.00% |
| Fri 22 Nov best day | $317.40 | $320.70 | $317.20 | $320.70 | +$3.30 | +1.04% |
| Mon 25 Nov | $316.50 | $317.80 | $316.50 | $317.80 | −$2.90 | −0.90% |
| Tue 26 Nov | $318.10 | $318.90 | $317.10 | $317.70 | −$0.10 | −0.03% |
| Wed 27 Nov | $318.00 | $318.50 | $316.70 | $316.80 | −$0.90 | −0.28% |
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 12 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
| November 2002 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $318.80 | $324.50 | $316.80 | $316.80 | −0.38% |
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 November 2002: summary
Gold eased 0.38% in November 2002, settling the month at $316.80 an ounce against $318.00 at the end of October 2002. Settlement prices ranged from $316.80 on 27 November 2002 to $324.50 on 12 November 2002, a spread of $7.70 (2.4%), narrower than the 4.4% average of the previous 12 months. Gold closed higher on 6 of 19 trading days and lower on 12; the strongest session was 22 November 2002 (+1.04%) and the weakest 13 November 2002 (−1.79%).
How November 2002 compares
- Against other Novembers: at −0.38%, November 2002 ranks 16th of 26 Novembers since 2000 (best first).
- Against every month: it ranks 184th of 313 months since September 2000, better than 41% of them.
- Range: the gap between the highest and lowest close was $7.70, or 2.4% of the opening level, 0.6× the 4.4% average of the previous 12 months.
- Daily moves: the average day moved 0.48% (up or down), against 0.62% over the previous 12 months, so November 2002 was calmer than usual.
- Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +13.67% for 2002 to the end of November and +15.66% over 12 months (against the November 2001 close of $273.90).
- Average price: the mean of the 19 daily closes was $319.12; the World Bank's monthly average of the London (LBMA) price was $319.00.
Across the other 25 completed Novembers since 2000, gold averaged +1.40% and rose in 15 of them (60%). November 2002 lagged that average by 1.8 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Novembers side by side.
November 2002 in today's dollars
Adjusted for US consumer-price inflation, the $316.80 closing price equals about $587 in September 2026 dollars (CPI 181.5 in November 2002 against 336.3 in September 2026, FRED series CPIAUCSL), 85% 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 November 2002?
Gold closed November 2002 at $316.80 an ounce (COMEX settlement). It opened the month at $318.80 and averaged $319.12 across 19 trading days; the World Bank’s London average for the month was $319.00.
Did gold go up in November 2002?
No. Gold was down 0.38% in November 2002, from $318.00 at the end of October 2002 to $316.80. It closed higher on 6 of 19 days. Among Novembers since 2000 it ranks 16th of 26 (best first).
What was the highest gold price in November 2002?
The highest close was $324.50 on 12 November 2002.
What was the lowest gold price in November 2002?
The lowest close was $316.80 on 27 November 2002, $7.70 (2.4%) 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.