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 19 February 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $349.90 per troy ounce on 19 February 2003, up $5.700 (1.66%) from the previous close of $344.20.
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 7.68% 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 $293.20, making this a +19.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $349.90 per troy ounce on 19 February 2003. That is $5.70 higher than the previous close of $344.20, a move of 1.66%.
The gold price rose on 19 February 2003, gaining $5.70 (1.66%) against the previous session's close of $344.20.
At $349.90 per troy ounce, one gram of pure gold was worth about $11.25 on 19 February 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 19 February 2003 18k gold was worth about $8.44 per gram and 14k about $6.56 per gram, against $11.25 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.7 on 19 February 2003, meaning one ounce of gold was worth roughly 75.7 ounces of silver.
A year before 19 February 2003, gold was around $293.20 per troy ounce. The close of $349.90 therefore represents a rise of 19.3% over twelve months.
It closed 7.68% below the highest close on record up to that date, which was set on 2003-02-04.