Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 20 May 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 7 February 2003
Gold closed at $366.30 per troy ounce on 20 May 2003, up $2.100 (0.58%) from the previous close of $364.20.
This close extended a run of 5 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
No earlier session that month closed above this level.
This close sat 3.35% 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 $315.70, making this a +16.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $366.30 per troy ounce on 20 May 2003. That is $2.10 higher than the previous close of $364.20, a move of 0.58%.
The gold price rose on 20 May 2003, gaining $2.10 (0.58%) against the previous session's close of $364.20.
At $366.30 per troy ounce, one gram of pure gold was worth about $11.78 on 20 May 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 May 2003 18k gold was worth about $8.83 per gram and 14k about $6.87 per gram, against $11.78 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.9 on 20 May 2003, meaning one ounce of gold was worth roughly 76.9 ounces of silver.
A week before 20 May 2003, gold was around $350.00 per troy ounce, so the close of $366.30 is a gain of 4.7% over the week.
A month before 20 May 2003, gold was around $327.20 per troy ounce, so the close of $366.30 is a gain of 11.9% over the month.
A year before 20 May 2003, gold was around $315.70 per troy ounce. The close of $366.30 therefore represents a rise of 16.0% over twelve months.
This close was session 5 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 3.35% below the highest close on record up to that date, which was set on 2003-02-04.
The most recent higher close was about 3 months earlier — 69 trading sessions before this one.