Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 12 December 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 December 2003
Gold closed at $409.40 per troy ounce on 12 December 2003, up $4.800 (1.19%) from the previous close of $404.60.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 1.52% below the highest gold close recorded up to that date, set on 2003-12-01.
One of the ten highest gold closes of that year, ranking 10 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $331.40, making this a +23.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $409.40 per troy ounce on 12 December 2003. That is $4.80 higher than the previous close of $404.60, a move of 1.19%.
The gold price rose on 12 December 2003, gaining $4.80 (1.19%) against the previous session's close of $404.60.
At $409.40 per troy ounce, one gram of pure gold was worth about $13.16 on 12 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 December 2003 18k gold was worth about $9.87 per gram and 14k about $7.68 per gram, against $13.16 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.8 on 12 December 2003, meaning one ounce of gold was worth roughly 72.8 ounces of silver.
A year before 12 December 2003, gold was around $331.40 per troy ounce. The close of $409.40 therefore represents a rise of 23.5% over twelve months.
It closed 1.52% below the highest close on record up to that date, which was set on 2003-12-01.