Distance from the record
This close sat 1.03% below the highest gold close recorded up to that date, set on 2003-11-14.
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This page is a historical record of the gold price in 20 November 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $393.70 per troy ounce on 20 November 2003, down $1.200 (0.30%) from the previous close of $394.90.
This close sat 1.03% below the highest gold close recorded up to that date, set on 2003-11-14.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $317.40, making this a +24.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $393.70 per troy ounce on 20 November 2003. That is $1.20 lower than the previous close of $394.90, a move of -0.30%.
The gold price fell on 20 November 2003, losing $1.20 (0.30%) against the previous session's close of $394.90.
At $393.70 per troy ounce, one gram of pure gold was worth about $12.66 on 20 November 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 November 2003 18k gold was worth about $9.49 per gram and 14k about $7.38 per gram, against $12.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.9 on 20 November 2003, meaning one ounce of gold was worth roughly 74.9 ounces of silver.
A month before 20 November 2003, gold was around $374.00 per troy ounce, so the close of $393.70 is a gain of 5.3% over the month.
A year before 20 November 2003, gold was around $317.40 per troy ounce. The close of $393.70 therefore represents a rise of 24.0% over twelve months.
It closed 1.03% below the highest close on record up to that date, which was set on 2003-11-14.