Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 24 December 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 December 2003
Gold closed at $412.30 per troy ounce on 24 December 2003, up $1.300 (0.32%) from the previous close of $411.00.
This close extended a run of 3 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.
This was the strongest close of the week up to that point.
One of the ten highest gold closes of that year, ranking 5 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $346.80, making this a +18.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $412.30 per troy ounce on 24 December 2003. That is $1.30 higher than the previous close of $411.00, a move of 0.32%.
The gold price rose on 24 December 2003, gaining $1.30 (0.32%) against the previous session's close of $411.00.
At $412.30 per troy ounce, one gram of pure gold was worth about $13.26 on 24 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 24 December 2003 18k gold was worth about $9.94 per gram and 14k about $7.73 per gram, against $13.26 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 71.3 on 24 December 2003, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A month before 24 December 2003, gold was around $391.50 per troy ounce, so the close of $412.30 is a gain of 5.3% over the month.
A year before 24 December 2003, gold was around $346.80 per troy ounce. The close of $412.30 therefore represents a rise of 18.9% over twelve months.
This close was session 3 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 0.82% below the highest close on record up to that date, which was set on 2003-12-01.