Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the gold price in 20 February 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $353.10 per troy ounce on 20 February 2003, up $3.200 (0.91%) from the previous close of $349.90.
This was the strongest close of the week up to that point.
This close sat 6.83% 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 $292.30, making this a +20.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $353.10 per troy ounce on 20 February 2003. That is $3.20 higher than the previous close of $349.90, a move of 0.91%.
The gold price rose on 20 February 2003, gaining $3.20 (0.91%) against the previous session's close of $349.90.
At $353.10 per troy ounce, one gram of pure gold was worth about $11.35 on 20 February 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 February 2003 18k gold was worth about $8.51 per gram and 14k about $6.62 per gram, against $11.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.8 on 20 February 2003, meaning one ounce of gold was worth roughly 75.8 ounces of silver.
A year before 20 February 2003, gold was around $292.30 per troy ounce. The close of $353.10 therefore represents a rise of 20.8% over twelve months.
It closed 6.83% below the highest close on record up to that date, which was set on 2003-02-04.