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Lowest closing price since 1 April 2003
Gold closed at $354.00 per troy ounce on 1 July 2003, down $10.50 (2.88%) from the previous close of $364.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $303.20, making this a +16.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $354.00 per troy ounce on 1 July 2003. That is $10.50 lower than the previous close of $364.50, a move of -2.88%.
The gold price fell on 1 July 2003, losing $10.50 (2.88%) against the previous session's close of $364.50.
At $354.00 per troy ounce, one gram of pure gold was worth about $11.38 on 1 July 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 July 2003 18k gold was worth about $8.54 per gram and 14k about $6.64 per gram, against $11.38 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.2 on 1 July 2003, meaning one ounce of gold was worth roughly 69.2 ounces of silver.
A week before 1 July 2003, gold was around $364.50 per troy ounce, so the close of $354.00 is a loss of 2.9% over the week.
A month before 1 July 2003, gold was around $364.50 per troy ounce, so the close of $354.00 is a loss of 2.9% over the month.
A year before 1 July 2003, gold was around $303.20 per troy ounce. The close of $354.00 therefore represents a rise of 16.8% over twelve months.