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 October 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $374.00 per troy ounce on 20 October 2003, up $2.200 (0.59%) from the previous close of $371.80.
This was the strongest close of the week up to that point.
This close sat 3.48% below the highest gold close recorded up to that date, set on 2003-09-24.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $312.70, making this a +19.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $374.00 per troy ounce on 20 October 2003. That is $2.20 higher than the previous close of $371.80, a move of 0.59%.
The gold price rose on 20 October 2003, gaining $2.20 (0.59%) against the previous session's close of $371.80.
At $374.00 per troy ounce, one gram of pure gold was worth about $12.02 on 20 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 20 October 2003 18k gold was worth about $9.02 per gram and 14k about $7.01 per gram, against $12.02 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.8 on 20 October 2003, meaning one ounce of gold was worth roughly 74.8 ounces of silver.
A year before 20 October 2003, gold was around $312.70 per troy ounce. The close of $374.00 therefore represents a rise of 19.6% over twelve months.
It closed 3.48% below the highest close on record up to that date, which was set on 2003-09-24.