Distance from the record
This close sat 13.98% 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 21 March 2003, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 11 December 2002
Gold closed at $326.00 per troy ounce on 21 March 2003, down $6.900 (2.07%) from the previous close of $332.90.
Notable session: lowest close of the month.
Gold lost 2.07% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 13.98% below the highest gold close recorded up to that date, set on 2003-02-04.
One of the ten lowest gold closes of that year, ranking 241 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $292.80, making this a +11.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $326.00 per troy ounce on 21 March 2003. That is $6.90 lower than the previous close of $332.90, a move of -2.07%.
The gold price fell on 21 March 2003, losing $6.90 (2.07%) against the previous session's close of $332.90.
At $326.00 per troy ounce, one gram of pure gold was worth about $10.48 on 21 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 March 2003 18k gold was worth about $7.86 per gram and 14k about $6.11 per gram, against $10.48 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.0 on 21 March 2003, meaning one ounce of gold was worth roughly 75.0 ounces of silver.
A week before 21 March 2003, gold was around $336.50 per troy ounce, so the close of $326.00 is a loss of 3.1% over the week.
A month before 21 March 2003, gold was around $351.80 per troy ounce, so the close of $326.00 is a loss of 7.3% over the month.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 13.98% below the highest close on record up to that date, which was set on 2003-02-04.