Distance from the record
This close sat 1.13% below the highest gold close recorded up to that date, set on 2003-01-13.
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This page is a historical record of the gold price in 15 January 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $350.70 per troy ounce on 15 January 2003, down $1.300 (0.37%) from the previous close of $352.00.
This close sat 1.13% below the highest gold close recorded up to that date, set on 2003-01-13.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $284.40, making this a +23.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $350.70 per troy ounce on 15 January 2003. That is $1.30 lower than the previous close of $352.00, a move of -0.37%.
The gold price fell on 15 January 2003, losing $1.30 (0.37%) against the previous session's close of $352.00.
At $350.70 per troy ounce, one gram of pure gold was worth about $11.28 on 15 January 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 January 2003 18k gold was worth about $8.46 per gram and 14k about $6.58 per gram, against $11.28 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.6 on 15 January 2003, meaning one ounce of gold was worth roughly 73.6 ounces of silver.
A month before 15 January 2003, gold was around $333.20 per troy ounce, so the close of $350.70 is a gain of 5.3% over the month.
A year before 15 January 2003, gold was around $284.40 per troy ounce. The close of $350.70 therefore represents a rise of 23.3% over twelve months.
It closed 1.13% below the highest close on record up to that date, which was set on 2003-01-13.