Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 11 August 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 29 July 2003
Gold closed at $361.70 per troy ounce on 11 August 2003, up $5.400 (1.52%) from the previous close of $356.30.
This close extended a run of 5 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 4.56% 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 $314.20, making this a +15.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $361.70 per troy ounce on 11 August 2003. That is $5.40 higher than the previous close of $356.30, a move of 1.52%.
The gold price rose on 11 August 2003, gaining $5.40 (1.52%) against the previous session's close of $356.30.
At $361.70 per troy ounce, one gram of pure gold was worth about $11.63 on 11 August 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 August 2003 18k gold was worth about $8.72 per gram and 14k about $6.78 per gram, against $11.63 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.4 on 11 August 2003, meaning one ounce of gold was worth roughly 72.4 ounces of silver.
A week before 11 August 2003, gold was around $349.20 per troy ounce, so the close of $361.70 is a gain of 3.6% over the week.
A year before 11 August 2003, gold was around $314.20 per troy ounce. The close of $361.70 therefore represents a rise of 15.1% over twelve months.
This close was session 5 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 4.56% below the highest close on record up to that date, which was set on 2003-02-04.