Distance from the record
This close sat 5.99% 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 20 June 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $356.30 per troy ounce on 20 June 2003, down $5.000 (1.38%) from the previous close of $361.30.
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 close sat 5.99% 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 $323.20, making this a +10.24% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $356.30 per troy ounce on 20 June 2003. That is $5.00 lower than the previous close of $361.30, a move of -1.38%.
The gold price fell on 20 June 2003, losing $5.00 (1.38%) against the previous session's close of $361.30.
At $356.30 per troy ounce, one gram of pure gold was worth about $11.46 on 20 June 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 June 2003 18k gold was worth about $8.59 per gram and 14k about $6.68 per gram, against $11.46 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.7 on 20 June 2003, meaning one ounce of gold was worth roughly 78.7 ounces of silver.
It closed 5.99% below the highest close on record up to that date, which was set on 2003-02-04.