Rank within the year
One of the ten highest gold closes of that year, ranking 2 of 249 sessions.
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This page is a historical record of the gold price in 31 December 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $415.70 per troy ounce on 31 December 2003, down $1.200 (0.29%) from the previous close of $416.90.
One of the ten highest gold closes of that year, ranking 2 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $347.60, making this a +19.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $415.70 per troy ounce on 31 December 2003. That is $1.20 lower than the previous close of $416.90, a move of -0.29%.
The gold price fell on 31 December 2003, losing $1.20 (0.29%) against the previous session's close of $416.90.
At $415.70 per troy ounce, one gram of pure gold was worth about $13.37 on 31 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 31 December 2003 18k gold was worth about $10.02 per gram and 14k about $7.80 per gram, against $13.37 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 69.8 on 31 December 2003, meaning one ounce of gold was worth roughly 69.8 ounces of silver.
A year before 31 December 2003, gold was around $347.60 per troy ounce. The close of $415.70 therefore represents a rise of 19.6% over twelve months.
It closed 0.29% below the highest close on record up to that date, which was set on 2003-12-30.