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This page is a historical record of the gold price in 23 September 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $385.90 per troy ounce on 23 September 2003, down $1.300 (0.34%) from the previous close of $387.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $323.00, making this a +19.47% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $385.90 per troy ounce on 23 September 2003. That is $1.30 lower than the previous close of $387.20, a move of -0.34%.
The gold price fell on 23 September 2003, losing $1.30 (0.34%) against the previous session's close of $387.20.
At $385.90 per troy ounce, one gram of pure gold was worth about $12.41 on 23 September 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 23 September 2003 18k gold was worth about $9.31 per gram and 14k about $7.24 per gram, against $12.41 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.7 on 23 September 2003, meaning one ounce of gold was worth roughly 73.7 ounces of silver.
A week before 23 September 2003, gold was around $373.50 per troy ounce, so the close of $385.90 is a gain of 3.3% over the week.
A month before 23 September 2003, gold was around $363.10 per troy ounce, so the close of $385.90 is a gain of 6.3% over the month.
A year before 23 September 2003, gold was around $323.00 per troy ounce. The close of $385.90 therefore represents a rise of 19.5% over twelve months.
It closed 0.34% below the highest close on record up to that date, which was set on 2003-09-22.