Distance from the record
This close sat 4.20% 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 22 August 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $363.10 per troy ounce on 22 August 2003, up $2.500 (0.69%) from the previous close of $360.60.
This close sat 4.20% 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 $306.60, making this a +18.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $363.10 per troy ounce on 22 August 2003. That is $2.50 higher than the previous close of $360.60, a move of 0.69%.
The gold price rose on 22 August 2003, gaining $2.50 (0.69%) against the previous session's close of $360.60.
At $363.10 per troy ounce, one gram of pure gold was worth about $11.67 on 22 August 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 22 August 2003 18k gold was worth about $8.76 per gram and 14k about $6.81 per gram, against $11.67 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.7 on 22 August 2003, meaning one ounce of gold was worth roughly 72.7 ounces of silver.
A year before 22 August 2003, gold was around $306.60 per troy ounce. The close of $363.10 therefore represents a rise of 18.4% over twelve months.
It closed 4.20% below the highest close on record up to that date, which was set on 2003-02-04.