Distance from the record
This close sat 7.07% below the highest gold close recorded up to that date, set on 2003-02-04.
This page is a historical record of the gold price in 10 June 2003, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 13 May 2003
Gold closed at $352.20 per troy ounce on 10 June 2003, down $9.600 (2.65%) from the previous close of $361.80.
Gold lost 2.65% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 7.07% below the highest gold close recorded up to that date, set on 2003-02-04.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $318.70, making this a +10.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $352.20 per troy ounce on 10 June 2003. That is $9.60 lower than the previous close of $361.80, a move of -2.65%.
The gold price fell on 10 June 2003, losing $9.60 (2.65%) against the previous session's close of $361.80.
At $352.20 per troy ounce, one gram of pure gold was worth about $11.32 on 10 June 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 10 June 2003 18k gold was worth about $8.49 per gram and 14k about $6.61 per gram, against $11.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.9 on 10 June 2003, meaning one ounce of gold was worth roughly 78.9 ounces of silver.
A week before 10 June 2003, gold was around $365.20 per troy ounce, so the close of $352.20 is a loss of 3.6% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 7.07% below the highest close on record up to that date, which was set on 2003-02-04.