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Lowest closing price since 1 August 2003
Gold closed at $384.50 per troy ounce on 1 October 2003, down $0.900 (0.23%) from the previous close of $385.40.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $318.00, making this a +20.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $384.50 per troy ounce on 1 October 2003. That is $0.90 lower than the previous close of $385.40, a move of -0.23%.
The gold price fell on 1 October 2003, losing $0.90 (0.23%) against the previous session's close of $385.40.
At $384.50 per troy ounce, one gram of pure gold was worth about $12.36 on 1 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 October 2003 18k gold was worth about $9.27 per gram and 14k about $7.21 per gram, against $12.36 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.0 on 1 October 2003, meaning one ounce of gold was worth roughly 76.0 ounces of silver.
A week before 1 October 2003, gold was around $385.40 per troy ounce, so the close of $384.50 is a loss of 0.2% over the week.
A month before 1 October 2003, gold was around $385.40 per troy ounce, so the close of $384.50 is a loss of 0.2% over the month.
A year before 1 October 2003, gold was around $318.00 per troy ounce. The close of $384.50 therefore represents a rise of 20.9% over twelve months.