Distance from the record
This close sat 2.49% below the highest gold close recorded up to that date, set on 2003-09-01.
Loading…
This page is a historical record of the gold price in 12 September 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $375.80 per troy ounce on 12 September 2003, down $3.900 (1.03%) from the previous close of $379.70.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 2.49% below the highest gold close recorded up to that date, set on 2003-09-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $318.90, making this a +17.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $375.80 per troy ounce on 12 September 2003. That is $3.90 lower than the previous close of $379.70, a move of -1.03%.
The gold price fell on 12 September 2003, losing $3.90 (1.03%) against the previous session's close of $379.70.
At $375.80 per troy ounce, one gram of pure gold was worth about $12.08 on 12 September 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 12 September 2003 18k gold was worth about $9.06 per gram and 14k about $7.05 per gram, against $12.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.3 on 12 September 2003, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A year before 12 September 2003, gold was around $318.90 per troy ounce. The close of $375.80 therefore represents a rise of 17.8% over twelve months.
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 2.49% below the highest close on record up to that date, which was set on 2003-09-01.