Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 17 November 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $391.50 per troy ounce on 17 November 2003, down $6.300 (1.58%) from the previous close of $397.80.
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 1.58% below the highest gold close recorded up to that date, set on 2003-11-14.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $320.70, making this a +22.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $391.50 per troy ounce on 17 November 2003. That is $6.30 lower than the previous close of $397.80, a move of -1.58%.
The gold price fell on 17 November 2003, losing $6.30 (1.58%) against the previous session's close of $397.80.
At $391.50 per troy ounce, one gram of pure gold was worth about $12.59 on 17 November 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 17 November 2003 18k gold was worth about $9.44 per gram and 14k about $7.34 per gram, against $12.59 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.0 on 17 November 2003, meaning one ounce of gold was worth roughly 75.0 ounces of silver.
A month before 17 November 2003, gold was around $371.80 per troy ounce, so the close of $391.50 is a gain of 5.3% over the month.
A year before 17 November 2003, gold was around $320.70 per troy ounce. The close of $391.50 therefore represents a rise of 22.1% over twelve months.
It closed 1.58% below the highest close on record up to that date, which was set on 2003-11-14.