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This page is a historical record of the gold price in 29 October 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $386.80 per troy ounce on 29 October 2003, up $3.600 (0.94%) from the previous close of $383.20.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $317.70, making this a +21.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $386.80 per troy ounce on 29 October 2003. That is $3.60 higher than the previous close of $383.20, a move of 0.94%.
The gold price rose on 29 October 2003, gaining $3.60 (0.94%) against the previous session's close of $383.20.
At $386.80 per troy ounce, one gram of pure gold was worth about $12.44 on 29 October 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 29 October 2003 18k gold was worth about $9.33 per gram and 14k about $7.25 per gram, against $12.44 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.3 on 29 October 2003, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A year before 29 October 2003, gold was around $317.70 per troy ounce. The close of $386.80 therefore represents a rise of 21.8% over twelve months.
It closed 0.54% below the highest close on record up to that date, which was set on 2003-10-24.