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 3 March 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $349.20 per troy ounce on 3 March 2003, down $1.000 (0.29%) from the previous close of $350.20.
No earlier session that month closed above this level.
This close sat 7.86% 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 $302.60, making this a +15.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $349.20 per troy ounce on 3 March 2003. That is $1.00 lower than the previous close of $350.20, a move of -0.29%.
The gold price fell on 3 March 2003, losing $1.00 (0.29%) against the previous session's close of $350.20.
At $349.20 per troy ounce, one gram of pure gold was worth about $11.23 on 3 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 3 March 2003 18k gold was worth about $8.42 per gram and 14k about $6.55 per gram, against $11.23 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.0 on 3 March 2003, meaning one ounce of gold was worth roughly 75.0 ounces of silver.
A month before 3 March 2003, gold was around $370.80 per troy ounce, so the close of $349.20 is a loss of 5.8% over the month.
A year before 3 March 2003, gold was around $302.60 per troy ounce. The close of $349.20 therefore represents a rise of 15.4% over twelve months.
It closed 7.86% below the highest close on record up to that date, which was set on 2003-02-04.