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 26 November 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $396.80 per troy ounce on 26 November 2003, up $5.700 (1.46%) from the previous close of $391.10.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $317.70, making this a +24.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $396.80 per troy ounce on 26 November 2003. That is $5.70 higher than the previous close of $391.10, a move of 1.46%.
The gold price rose on 26 November 2003, gaining $5.70 (1.46%) against the previous session's close of $391.10.
At $396.80 per troy ounce, one gram of pure gold was worth about $12.76 on 26 November 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 26 November 2003 18k gold was worth about $9.57 per gram and 14k about $7.44 per gram, against $12.76 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.1 on 26 November 2003, meaning one ounce of gold was worth roughly 74.1 ounces of silver.
A year before 26 November 2003, gold was around $317.70 per troy ounce. The close of $396.80 therefore represents a rise of 24.9% over twelve months.
It closed 0.25% below the highest close on record up to that date, which was set on 2003-11-14.