2002

Gold Price in June 2002

Gold price in June 2002: high $321, low $321, average $321, close $321. 1 LBMA fixings, daily breakdown, macro context.

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Quick Answer

Gold in June 2002 traded between $321 and $321 per troy ounce, averaging $321 across 1 LBMA fixings. The month closed at $321, a 0.0% move from the opening $321. Source: LBMA AM/PM benchmark via Swissquote ECN.

$321
Source: LBMA AM/PM fix via Swissquote ECN · updated
At a glance

Key Facts

Period
June 2002
Monthly high
$321
Monthly low
$321
Monthly average
$321
Close
$321
Data points
1 LBMA fixings
Overview

What this means

Gold spent June 2002 in a $0 range — high $321, low $321 — averaging $321 across 1 LBMA fixings. The month-to-month move from open $321 to close $321 was 0.00%, reflecting the macro environment during this specific period.

Gold prices within a month are driven by scheduled macro events (central bank meetings, CPI releases, non-farm payrolls) and unscheduled events (geopolitical shocks, bank failures). Monthly analysis reveals which events were already priced in and which produced genuine surprises.

Goldetect's June 2002 record pairs the LBMA daily benchmark with macro headlines classified in real time by Gemini AI. Use the year overview (2002) for the full-cycle picture, or the central bank cluster to trace the policy decisions that drove each move.

Daily LBMA data. The LBMA publishes AM (10:30 GMT) and PM (15:00 GMT) fixes every London business day. Monthly high = highest PM fix in June 2002; monthly low = lowest PM fix. Monthly average = arithmetic mean of all PM fixes in the month.

Intra-month volatility. Gold's average true range (ATR) is $15–40/oz in normal markets, $50–100+/oz during major macro events. A one-month window in June 2002 typically contains 2–5 significant price moves worth cataloguing.

Context within the year. Monthly data is most useful read against the annual trend. A month where gold fell 3% looks different if the annual trend is +20% (profit-taking) versus −10% (continuation). The annual page for 2002 provides this broader context.

Common questions

Frequently Asked Questions

  • What was the gold price in June 2002?
    Gold in June 2002 is tracked via daily LBMA AM/PM fixes (XAU/USD per troy ounce). Goldetect aggregates the monthly high, low, and average from the official benchmark series and contextualizes each major move with macro headlines from the same period.
  • What events moved gold in June 2002?
    Major monthly drivers include Fed decisions, US CPI/PCE releases, non-farm payrolls, geopolitical events, and central bank purchase announcements. The detail section and related 2002 pages cover the specific catalysts that produced the largest single-day and weekly moves.
  • How does June 2002 compare to other months?
    June has a seasonal pattern: stronger in Q1 (Chinese New Year) and Q4 (Diwali, Christmas), weaker in the northern summer. June 2002 can be benchmarked against the same month in prior years to isolate seasonal effects from fundamental price drivers.
  • Where can I find historical gold price data?
    The LBMA publishes historical AM and PM benchmark data from 1968. FRED (stlouisfed.org, series GOLDAMGBD228NLBM) covers 1968+. For 1945–1967, the Bretton Woods fixed price of $35/oz applies. Goldetect's historical pages aggregate this data in a user-friendly format.
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Published ; last updated .
Authored by the Goldetect Market Desk; editorial standards reviewed by the editorial board. See methodology for data sources and computation.
Data sources: LBMA AM/PM fix via Swissquote ECN · Swissquote interbank FX feed · FED/ECB/TCMB official rate releases · 40+ curated RSS feeds classified by Gemini 2.5 Flash