Distance from the record
This close sat 13.27% 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 March 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $328.70 per troy ounce on 27 March 2003, down $1.600 (0.48%) from the previous close of $330.30.
This close sat 13.27% 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 $302.20, making this a +8.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $328.70 per troy ounce on 27 March 2003. That is $1.60 lower than the previous close of $330.30, a move of -0.48%.
The gold price fell on 27 March 2003, losing $1.60 (0.48%) against the previous session's close of $330.30.
At $328.70 per troy ounce, one gram of pure gold was worth about $10.57 on 27 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 March 2003 18k gold was worth about $7.93 per gram and 14k about $6.16 per gram, against $10.57 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.9 on 27 March 2003, meaning one ounce of gold was worth roughly 74.9 ounces of silver.
A month before 27 March 2003, gold was around $346.10 per troy ounce, so the close of $328.70 is a loss of 5.0% over the month.
It closed 13.27% below the highest close on record up to that date, which was set on 2003-02-04.