Distance from the record
This close sat 8.92% 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 27 June 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $345.20 per troy ounce on 27 June 2003, up $1.300 (0.38%) from the previous close of $343.90.
This close sat 8.92% 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 $319.20, making this a +8.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $345.20 per troy ounce on 27 June 2003. That is $1.30 higher than the previous close of $343.90, a move of 0.38%.
The gold price rose on 27 June 2003, gaining $1.30 (0.38%) against the previous session's close of $343.90.
At $345.20 per troy ounce, one gram of pure gold was worth about $11.10 on 27 June 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 June 2003 18k gold was worth about $8.32 per gram and 14k about $6.47 per gram, against $11.10 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.6 on 27 June 2003, meaning one ounce of gold was worth roughly 76.6 ounces of silver.
A week before 27 June 2003, gold was around $356.30 per troy ounce, so the close of $345.20 is a loss of 3.1% over the week.
A month before 27 June 2003, gold was around $367.80 per troy ounce, so the close of $345.20 is a loss of 6.1% over the month.
It closed 8.92% below the highest close on record up to that date, which was set on 2003-02-04.