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 21 May 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 5 February 2003
Gold closed at $372.00 per troy ounce on 21 May 2003, up $5.700 (1.56%) from the previous close of $366.30.
Notable session: highest close of the month.
This close extended a run of 6 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 1.85% 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 $315.80, making this a +17.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $372.00 per troy ounce on 21 May 2003. That is $5.70 higher than the previous close of $366.30, a move of 1.56%.
The gold price rose on 21 May 2003, gaining $5.70 (1.56%) against the previous session's close of $366.30.
At $372.00 per troy ounce, one gram of pure gold was worth about $11.96 on 21 May 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 21 May 2003 18k gold was worth about $8.97 per gram and 14k about $6.98 per gram, against $11.96 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 78.9 on 21 May 2003, meaning one ounce of gold was worth roughly 78.9 ounces of silver.
A week before 21 May 2003, gold was around $352.30 per troy ounce, so the close of $372.00 is a gain of 5.6% over the week.
A month before 21 May 2003, gold was around $333.50 per troy ounce, so the close of $372.00 is a gain of 11.5% over the month.
A year before 21 May 2003, gold was around $315.80 per troy ounce. The close of $372.00 therefore represents a rise of 17.8% over twelve months.
This close was session 6 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 1.85% 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 — 72 trading sessions before this one.