United States · USD · Friday, March 15, 2002

Gold Price in United StatesMarch 15, 2002

On March 15, 2002, gold in United States closed at approximately $290 per troy ounce — about $109 per tola or $9 per gram. The figure is computed from the verified international XAU/USD spot price ($290.30/oz) × the day's USD/USD exchange rate.

USD / Troy Ounce

$290

31.1035 g

USD / Gram

$9

1 g

USD / Tola

$109

11.664 g

All unit prices on March 15, 2002United States

UnitWeightUSD price
Troy ounce31.1035 g$290
Gram1.0000 g$9
10 grams10 g$93
Kilogram1,000 g$9,333
Tola11.664 g$109
Computed from XAU/USD ($290.30/oz) × the day's USD/USD rate (1). Pure metal value only — excludes local taxes, dealer making charges, and any retail mark-up.

Karat-purity breakdown — March 15, 2002

KaratPer gramPer 10gPer tola
24K$9$93$109
22K$9$85$100
21K$8$82$95
18K$7$70$82
14KUNITED STATES STD$5$55$64
10K$4$39$45

Surrounding ±15 trading days — USD

31 sessions
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Daily USD-equivalent gold price for the trading sessions surrounding March 15, 2002. Useful for spotting whether this date sat at a local high, local low, or mid-range within the broader trend. The chart applies the same FX rate (1) consistently across the window.

Price action on March 15, 2002

1-day move

-0.31%

vs prior session

7-day move

-0.79%

rolling week

30-day move

-2.09%

rolling month

YTD

+3.12%

since 1 Jan 2002

Calendar position

Day 74 of 365

Trading day

63rd of 313

Position in 2002's range

17% (low $277.80 → high $351.00)

The United States gold market

The US retail gold market quotes per troy ounce for bullion and per pennyweight or gram for jewellery. 14K is the most common jewellery purity. Most states impose sales tax on jewellery; several (including Texas, Florida, and Washington) exempt investment-grade bullion above defined thresholds. The COMEX gold futures contract on CME Group is the single most-watched price reference globally.

Standard quote unit

troy ounce

Common purity

14K

Currency

USD ($)

March 15 in other years — United States

March 15, 2002 gold price in other countries

How this March 15, 2002 United States price is calculated

International benchmark. The XAU/USD spot price for March 15, 2002 comes from gold-api.com's historical archive — the London PM-fix benchmark, which is the reference used by central banks and bullion dealers globally. On this date, that price was $290.30/oz.

Currency conversion. The USD/USD exchange rate for the same date comes from exchangerate-api.com. We apply that day's exact rate (1) to the USD price — not a year-average or month-end approximation. This makes the $ figure on this page accurate to the trading session.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417). We never compound rounding errors by going through intermediate units.

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in United States, add the country-specific levies described in the “United States gold market” section above. The retail rate at a jeweller in United States on March 15, 2002 would have been a few percent above this number once those costs are included.

FAQ — United States gold price on March 15, 2002

What was the gold price in United States on March 15, 2002?

On March 15, 2002 (Friday), gold in United States traded at approximately $290 per troy ounce. That works out to about $9 per gram, $109 per tola, and $93 per 10 grams. The figure is derived from international XAU/USD spot of $290.30/oz × the day's USD/USD exchange rate of 1.

What was the 24K gold rate per tola in United States on March 15, 2002?

The 24K gold rate per tola in United States on March 15, 2002 was approximately $109 (99.9% pure metal value). This excludes local taxes, dealer making charges and any country-specific levies — those add on top to produce the final retail rate.

What was the 14K gold rate in United States on March 15, 2002?

United States's most-quoted retail standard is 14K per troy ounce. On March 15, 2002, that pure-metal value was approximately $5. Add country-specific taxes and making charges (see the market-context section above) for the final retail rate.

How accurate is this number versus what jewellers were quoting?

The $ figure on this page is the verified international XAU/USD spot price for March 15, 2002 multiplied by the day's exchange rate. It represents the pure metal value at international parity — what a London-fix benchmark would have implied. Local jewellers add (1) import duties + sales tax / VAT, (2) dealer making charges (typically 3–12% of metal value), and (3) any premium for purity certification. Final retail rates in United States typically sit a few percent above this number.

Was March 15, 2002 a trading day?

Yes — March 15, 2002 was the 63rd trading session of 313 for 2002 on the international gold market. Fridays are typically active trading days unless they fall on a major holiday.

Want today's rate in United States? See live gold prices in United States with minute-by-minute updates and full karat breakdowns. To compare this archive figure against the live rate, that's where to go.

Different unit on this same date? The USD-only daily archive for March 15, 2002 includes per-day prices in 100+ other currencies and is the canonical reference page for this date.

Browse the archive. Step through every day of March 2002 in United States, see the full 2002 archive, or use our tola, gram and karat calculators for live calculations against today's rate.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested date, converted to USD at the same day's exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in United States before transacting.