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 29 December 2003, not the current price.See today's gold price (11 September 2026)
Highest closing price since 1 December 2003
Gold closed at $414.80 per troy ounce on 29 December 2003, up $2.500 (0.61%) from the previous close of $412.30.
This close extended a run of 4 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
One of the ten highest gold closes of that year, ranking 4 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $349.20, making this a +18.79% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $414.80 per troy ounce on 29 December 2003. That is $2.50 higher than the previous close of $412.30, a move of 0.61%.
The gold price rose on 29 December 2003, gaining $2.50 (0.61%) against the previous session's close of $412.30.
At $414.80 per troy ounce, one gram of pure gold was worth about $13.34 on 29 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 December 2003 18k gold was worth about $10.00 per gram and 14k about $7.78 per gram, against $13.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 70.1 on 29 December 2003, meaning one ounce of gold was worth roughly 70.1 ounces of silver.
A year before 29 December 2003, gold was around $349.20 per troy ounce. The close of $414.80 therefore represents a rise of 18.8% over twelve months.
This close was session 4 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 0.22% below the highest close on record up to that date, which was set on 2003-12-01.