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Gold Price in April 2002

In April 2002, gold rose 2.1%, from $302.60 at the end of March to $309.10 per troy ounce on April 30, 2002. The highest close was $311.60 on April 25, 2002, the lowest $298.80 on April 8, 2002, and the average over 26 trading days was $303.93. Today's price is 1,154.2% higher than the April 2002 close.

Gold ended April higher. What usually happens in May after a higher April →

  • Gold rose 2.1% in US dollars in April 2002, leaving it up 10.9% for the year to date.
  • Measured in other currencies, the change ranged from −2.1% in JPY to +2.4% in EGP, because exchange rates moved too.
  • It did better than silver (−2.4%) and US stocks (−6.1%).
  • It closed higher on 13 trading days and lower on 10, with an average daily move of 0.48%.
  • At the end of the month it was 0.8% below its highest close since 2000.
  • Gold/silver ratio: 65.2 → 68.2.
End of March
$302.60
Month-end close
$309.10
Apr 30
Change
+2.1%
High
$311.60
Apr 25
Low
$298.80
Apr 8
Average
$303.93
26 trading days

Gold price chart, April 2002

US dollars per troy ounce · daily close
$298$305$313Mar 28Apr 4Apr 10Apr 15Apr 19Apr 25Apr 30

Gold in other currencies, April 2002

CurrencyChange in the month
EGP+2.4%
CNY+2.1%
JPY−2.1%

Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.

Gold vs other assets, April 2002

AssetChange (USD)
Gold+2.1%
Silver−2.4%
S&P 500 (with dividends)−6.1%
US inflation (CPI, month)+0.56%
Gold, year to date (end of April)+10.9%
Gold/silver ratio65.2 → 68.2

Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.

Daily Gold Prices, April 2002

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Apr 1Mon$303.20+0.20% $9.75
Apr 2Tue$305.90+0.89% $9.83
Apr 3Wed$302.60−1.08% $9.73
Apr 4Thu$301.10−0.50% $9.68
Apr 5Fri$300.10−0.33% $9.65
Apr 7Sun$300.50+0.13% $9.66
Apr 8Mon$298.80−0.57% $9.61
Apr 9Tue$301.70+0.97% $9.70
Apr 10Wed$302.20+0.17% $9.72
Apr 11Thu$302.10−0.03% $9.71
Apr 12Fri$302.100.00% $9.71
Apr 14Sun$300.00−0.70% $9.65
Apr 15Mon$298.80−0.40% $9.61
Apr 16Tue$302.10+1.10% $9.71
Apr 17Wed$304.50+0.79% $9.79
Apr 18Thu$302.30−0.72% $9.72
Apr 19Fri$302.300.00% $9.72
Apr 21Sun$303.00+0.23% $9.74
Apr 22Mon$304.00+0.33% $9.77
Apr 23Tue$304.30+0.10% $9.78
Apr 24Wed$308.10+1.25% $9.91
Apr 25Thu$311.60+1.14% $10.02
Apr 26Fri$311.600.00% $10.02
Apr 28Sun$311.20−0.13% $10.01
Apr 29Mon$308.90−0.74% $9.93
Apr 30Tue$309.10+0.06% $9.94
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How April usually goes for gold

In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.3% and a median of +0.8%. Every April since 1971 →

Gold in April 2002: FAQ

What was the price of gold in April 2002?

Gold traded between $298.80 and $311.60 per troy ounce (daily closes) in April 2002, averaging $303.93. It closed the month at $309.10.

How much did gold go up in April 2002?

Gold rose 2.1%, from $302.60 to $309.10. The biggest daily rise was +1.2% on April 24, 2002 and the biggest fall −1.1% on April 3, 2002.

What was the gold price on April 1, 2002?

Gold closed at $303.20 per troy ounce on April 1, 2002, the first trading day of the month.

Is April usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in April 12 times out of 20, with an average move of +1.3% and a median of +0.8%. Past seasonal patterns are not a reliable guide to any single year.

Did gold beat stocks in April 2002?

Yes. Gold was +2.1% for the month, against −6.1% for the S&P 500 with dividends.

Did gold keep up with inflation in April 2002?

US consumer prices (CPI) changed +0.56% in April, so gold's real (inflation-adjusted) change was about +1.6%.

Cite this page

For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.

APA 7
Corgano. (2026, November 1). Gold price in April 2002. Corgano Gold Price. Retrieved November 1, 2026, from https://goldprice.corgano.com/gold-price-history/2002/april
MLA 9
“Gold Price in April 2002.” Corgano Gold Price, goldprice.corgano.com/gold-price-history/2002/april. Accessed 1 Nov. 2026.
Chicago
Corgano. “Gold Price in April 2002.” Corgano Gold Price. Accessed November 1, 2026. https://goldprice.corgano.com/gold-price-history/2002/april.
BibTeX
@misc{corgano2026goldpriceinapril, author = {{Corgano}}, title = {Gold Price in April 2002}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2002/april}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}
Link
Gold Price in April 2002 — Corgano Gold Price: https://goldprice.corgano.com/gold-price-history/2002/april