Distance from the record
This close sat 13.03% below the highest gold close recorded up to that date, set on 2003-02-04.
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This page is a historical record of the gold price in 2 April 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $329.60 per troy ounce on 2 April 2003, down $9.500 (2.80%) from the previous close of $339.10.
Gold lost 2.80% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 13.03% 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 $305.90, making this a +7.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $329.60 per troy ounce on 2 April 2003. That is $9.50 lower than the previous close of $339.10, a move of -2.80%.
The gold price fell on 2 April 2003, losing $9.50 (2.80%) against the previous session's close of $339.10.
At $329.60 per troy ounce, one gram of pure gold was worth about $10.60 on 2 April 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 April 2003 18k gold was worth about $7.95 per gram and 14k about $6.18 per gram, against $10.60 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.9 on 2 April 2003, meaning one ounce of gold was worth roughly 74.9 ounces of silver.
A month before 2 April 2003, gold was around $350.20 per troy ounce, so the close of $329.60 is a loss of 5.9% over the month.
It closed 13.03% below the highest close on record up to that date, which was set on 2003-02-04.