Distance from the record
This close sat 3.85% below the highest gold close recorded up to that date, set on 2003-09-24.
This page is a historical record of the gold price in 15 October 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $372.60 per troy ounce on 15 October 2003, down $3.100 (0.83%) from the previous close of $375.70.
This close sat 3.85% below the highest gold close recorded up to that date, set on 2003-09-24.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $312.60, making this a +19.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $372.60 per troy ounce on 15 October 2003. That is $3.10 lower than the previous close of $375.70, a move of -0.83%.
The gold price fell on 15 October 2003, losing $3.10 (0.83%) against the previous session's close of $375.70.
At $372.60 per troy ounce, one gram of pure gold was worth about $11.98 on 15 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 15 October 2003 18k gold was worth about $8.98 per gram and 14k about $6.99 per gram, against $11.98 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.4 on 15 October 2003, meaning one ounce of gold was worth roughly 75.4 ounces of silver.
A year before 15 October 2003, gold was around $312.60 per troy ounce. The close of $372.60 therefore represents a rise of 19.2% over twelve months.
It closed 3.85% below the highest close on record up to that date, which was set on 2003-09-24.