Gold price archive · USD per troy ounce
Gold Price 2003
In 2003, gold closed between $321.50 and $416.90 per ounce, a change of +19.59% for the year.
- Open
- $346.10
- High close
- $416.90
- Low close
- $321.50
- Close
- $415.70
- Average
- $363.72
- Vs. 2002
- +19.59%
Gold prices by month, 2003
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $346.10 | $370.00 | $346.10 | $368.30 | +5.96% |
| February | $370.80 | $379.00 | $344.20 | $350.20 | −4.91% |
| March | $349.20 | $356.80 | $326.00 | $335.90 | −4.08% |
| April | $334.30 | $339.10 | $321.50 | $339.10 | +0.95% |
| May | $342.10 | $372.00 | $341.00 | $364.50 | +7.49% |
| June | $366.00 | $368.60 | $343.90 | $346.00 | −5.08% |
| July | $351.40 | $364.80 | $342.10 | $354.00 | +2.31% |
| August | $346.10 | $375.70 | $346.10 | $375.70 | +6.13% |
| September | $373.20 | $387.50 | $372.90 | $385.40 | +2.58% |
| October | $384.30 | $388.90 | $369.20 | $384.50 | −0.23% |
| November | $377.00 | $397.80 | $377.00 | $396.80 | +3.20% |
| December | $402.70 | $416.90 | $402.70 | $415.70 | +4.76% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2003: the year in review
The run-up to the Iraq war in March 2003 briefly lifted gold, and a steadily falling dollar kept it rising for the rest of the year as U.S. interest rates sat at 1%.
In 2003, gold rose 19.6%. Its highest close, $416.90, came on December 30, and its lowest, $321.50, on April 7.
Gold finished higher in 8 of 12 months. The strongest month was May (+7.49%) and the weakest was June (−5.08%). The largest single-day gain of the year was 2.7% on May 19, and the largest drop was 3.6% on October 3.
Gold closed at a new all-time high on 31 trading days in 2003. Every record-setting year since 2000 is listed on the gold all-time high page.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price 2003 questions
What was the price of gold in 2003?
Gold traded between $321.50 and $416.90 per troy ounce in 2003, based on daily closing prices. It closed the period at $415.70, and the average close was $363.72.
Did gold go up or down in 2003?
Gold rose 19.59% from the previous year-end close.
How does 2003 compare with a year earlier?
The year-end close of $415.70 is 19.6% higher than 2002.