Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 18 March 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $337.60 per troy ounce on 18 March 2003, up $0.500 (0.15%) from the previous close of $337.10.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 10.92% 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 $292.10, making this a +15.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $337.60 per troy ounce on 18 March 2003. That is $0.50 higher than the previous close of $337.10, a move of 0.15%.
The gold price rose on 18 March 2003, gaining $0.50 (0.15%) against the previous session's close of $337.10.
At $337.60 per troy ounce, one gram of pure gold was worth about $10.85 on 18 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 18 March 2003 18k gold was worth about $8.14 per gram and 14k about $6.33 per gram, against $10.85 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.8 on 18 March 2003, meaning one ounce of gold was worth roughly 75.8 ounces of silver.
A week before 18 March 2003, gold was around $350.50 per troy ounce, so the close of $337.60 is a loss of 3.7% over the week.
A year before 18 March 2003, gold was around $292.10 per troy ounce. The close of $337.60 therefore represents a rise of 15.6% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 10.92% below the highest close on record up to that date, which was set on 2003-02-04.