Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 29 August 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 5 February 2003
Gold closed at $375.70 per troy ounce on 29 August 2003, up $5.200 (1.40%) from the previous close of $370.50.
Notable session: highest close of the month.
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.
No earlier session that month closed above this level.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $312.90, making this a +20.07% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $375.70 per troy ounce on 29 August 2003. That is $5.20 higher than the previous close of $370.50, a move of 1.40%.
The gold price rose on 29 August 2003, gaining $5.20 (1.40%) against the previous session's close of $370.50.
At $375.70 per troy ounce, one gram of pure gold was worth about $12.08 on 29 August 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 August 2003 18k gold was worth about $9.06 per gram and 14k about $7.05 per gram, against $12.08 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 73.5 on 29 August 2003, meaning one ounce of gold was worth roughly 73.5 ounces of silver.
A week before 29 August 2003, gold was around $363.10 per troy ounce, so the close of $375.70 is a gain of 3.5% over the week.
A year before 29 August 2003, gold was around $312.90 per troy ounce. The close of $375.70 therefore represents a rise of 20.1% over twelve months.
It closed 0.87% below the highest close on record up to that date, which was set on 2003-02-04.
The most recent higher close was about 7 months earlier — 141 trading sessions before this one.