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Highest closing price since 1 January 2003
Gold closed at $364.50 per troy ounce on 1 May 2003, up $25.40 (7.49%) from the previous close of $339.10.
Notable session: moved more than 3% in a session.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $326.50, making this a +11.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $364.50 per troy ounce on 1 May 2003. That is $25.40 higher than the previous close of $339.10, a move of 7.49%.
The gold price rose on 1 May 2003, gaining $25.40 (7.49%) against the previous session's close of $339.10.
At $364.50 per troy ounce, one gram of pure gold was worth about $11.72 on 1 May 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 May 2003 18k gold was worth about $8.79 per gram and 14k about $6.84 per gram, against $11.72 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.5 on 1 May 2003, meaning one ounce of gold was worth roughly 80.5 ounces of silver.
A week before 1 May 2003, gold was around $339.10 per troy ounce, so the close of $364.50 is a gain of 7.5% over the week.
A month before 1 May 2003, gold was around $339.10 per troy ounce, so the close of $364.50 is a gain of 7.5% over the month.
A year before 1 May 2003, gold was around $326.50 per troy ounce. The close of $364.50 therefore represents a rise of 11.6% over twelve months.