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 October 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $387.90 per troy ounce on 27 October 2003, down $1.000 (0.26%) from the previous close of $388.90.
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 $313.40, making this a +23.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $387.90 per troy ounce on 27 October 2003. That is $1.00 lower than the previous close of $388.90, a move of -0.26%.
The gold price fell on 27 October 2003, losing $1.00 (0.26%) against the previous session's close of $388.90.
At $387.90 per troy ounce, one gram of pure gold was worth about $12.47 on 27 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 27 October 2003 18k gold was worth about $9.35 per gram and 14k about $7.27 per gram, against $12.47 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.8 on 27 October 2003, meaning one ounce of gold was worth roughly 74.8 ounces of silver.
A week before 27 October 2003, gold was around $374.00 per troy ounce, so the close of $387.90 is a gain of 3.7% over the week.
A year before 27 October 2003, gold was around $313.40 per troy ounce. The close of $387.90 therefore represents a rise of 23.8% over twelve months.
It closed 0.26% below the highest close on record up to that date, which was set on 2003-10-24.