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 14 May 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 10 March 2003
Gold closed at $352.30 per troy ounce on 14 May 2003, up $2.300 (0.66%) from the previous close of $350.00.
No earlier session that month closed above this level.
This close sat 7.04% 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 $307.30, making this a +14.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $352.30 per troy ounce on 14 May 2003. That is $2.30 higher than the previous close of $350.00, a move of 0.66%.
The gold price rose on 14 May 2003, gaining $2.30 (0.66%) against the previous session's close of $350.00.
At $352.30 per troy ounce, one gram of pure gold was worth about $11.33 on 14 May 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 14 May 2003 18k gold was worth about $8.50 per gram and 14k about $6.61 per gram, against $11.33 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.4 on 14 May 2003, meaning one ounce of gold was worth roughly 72.4 ounces of silver.
A week before 14 May 2003, gold was around $341.90 per troy ounce, so the close of $352.30 is a gain of 3.0% over the week.
A month before 14 May 2003, gold was around $324.20 per troy ounce, so the close of $352.30 is a gain of 8.7% over the month.
A year before 14 May 2003, gold was around $307.30 per troy ounce. The close of $352.30 therefore represents a rise of 14.6% over twelve months.
It closed 7.04% below the highest close on record up to that date, which was set on 2003-02-04.