Distance from the record
This close sat 2.67% below the highest gold close recorded up to that date, set on 2003-12-01.
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This page is a historical record of the gold price in 11 December 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $404.60 per troy ounce on 11 December 2003, down $1.600 (0.39%) from the previous close of $406.20.
This close sat 2.67% below the highest gold close recorded up to that date, set on 2003-12-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $324.80, making this a +24.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $404.60 per troy ounce on 11 December 2003. That is $1.60 lower than the previous close of $406.20, a move of -0.39%.
The gold price fell on 11 December 2003, losing $1.60 (0.39%) against the previous session's close of $406.20.
At $404.60 per troy ounce, one gram of pure gold was worth about $13.01 on 11 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 11 December 2003 18k gold was worth about $9.76 per gram and 14k about $7.59 per gram, against $13.01 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.5 on 11 December 2003, meaning one ounce of gold was worth roughly 72.5 ounces of silver.
A year before 11 December 2003, gold was around $324.80 per troy ounce. The close of $404.60 therefore represents a rise of 24.6% over twelve months.
It closed 2.67% below the highest close on record up to that date, which was set on 2003-12-01.