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 27 May 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $367.80 per troy ounce on 27 May 2003, down $1.000 (0.27%) from the previous close of $368.80.
This was the strongest close of the week up to that point.
This close sat 2.96% 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 $320.40, making this a +14.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $367.80 per troy ounce on 27 May 2003. That is $1.00 lower than the previous close of $368.80, a move of -0.27%.
The gold price fell on 27 May 2003, losing $1.00 (0.27%) against the previous session's close of $368.80.
At $367.80 per troy ounce, one gram of pure gold was worth about $11.83 on 27 May 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 May 2003 18k gold was worth about $8.87 per gram and 14k about $6.90 per gram, against $11.83 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 79.6 on 27 May 2003, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A month before 27 May 2003, gold was around $333.40 per troy ounce, so the close of $367.80 is a gain of 10.3% over the month.
A year before 27 May 2003, gold was around $320.40 per troy ounce. The close of $367.80 therefore represents a rise of 14.8% over twelve months.
It closed 2.96% below the highest close on record up to that date, which was set on 2003-02-04.