Distance from the record
This close sat 1.14% below the highest gold close recorded up to that date, set on 2003-09-24.
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This page is a historical record of the gold price in 2 October 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $383.10 per troy ounce on 2 October 2003, down $1.400 (0.36%) from the previous close of $384.50.
This close sat 1.14% 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 $321.50, making this a +19.16% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $383.10 per troy ounce on 2 October 2003. That is $1.40 lower than the previous close of $384.50, a move of -0.36%.
The gold price fell on 2 October 2003, losing $1.40 (0.36%) against the previous session's close of $384.50.
At $383.10 per troy ounce, one gram of pure gold was worth about $12.32 on 2 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 2 October 2003 18k gold was worth about $9.24 per gram and 14k about $7.18 per gram, against $12.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.2 on 2 October 2003, meaning one ounce of gold was worth roughly 75.2 ounces of silver.
A year before 2 October 2003, gold was around $321.50 per troy ounce. The close of $383.10 therefore represents a rise of 19.2% over twelve months.
It closed 1.14% below the highest close on record up to that date, which was set on 2003-09-24.