Distance from the record
This close sat 12.16% 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 March 2003, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 12 December 2002
Gold closed at $332.90 per troy ounce on 20 March 2003, down $3.200 (0.95%) from the previous close of $336.10.
This close sat 12.16% 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 $292.10, making this a +13.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $332.90 per troy ounce on 20 March 2003. That is $3.20 lower than the previous close of $336.10, a move of -0.95%.
The gold price fell on 20 March 2003, losing $3.20 (0.95%) against the previous session's close of $336.10.
At $332.90 per troy ounce, one gram of pure gold was worth about $10.70 on 20 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 March 2003 18k gold was worth about $8.03 per gram and 14k about $6.24 per gram, against $10.70 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.5 on 20 March 2003, meaning one ounce of gold was worth roughly 75.5 ounces of silver.
A month before 20 March 2003, gold was around $353.10 per troy ounce, so the close of $332.90 is a loss of 5.7% over the month.
A year before 20 March 2003, gold was around $292.10 per troy ounce. The close of $332.90 therefore represents a rise of 14.0% over twelve months.
It closed 12.16% below the highest close on record up to that date, which was set on 2003-02-04.