Distance from the record
This close sat 2.98% below the highest gold close recorded up to that date, set on 2003-12-01.
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This page is a historical record of the gold price in 4 December 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $403.30 per troy ounce on 4 December 2003, down $0.600 (0.15%) from the previous close of $403.90.
Notable session: lowest close of the month.
Gold barely moved, closing within 0.15% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 2.98% below the highest gold close recorded up to that date, set on 2003-12-01.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $322.20, making this a +25.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $403.30 per troy ounce on 4 December 2003. That is $0.60 lower than the previous close of $403.90, a move of -0.15%.
The gold price fell on 4 December 2003, losing $0.60 (0.15%) against the previous session's close of $403.90.
At $403.30 per troy ounce, one gram of pure gold was worth about $12.97 on 4 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 December 2003 18k gold was worth about $9.72 per gram and 14k about $7.56 per gram, against $12.97 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.0 on 4 December 2003, meaning one ounce of gold was worth roughly 74.0 ounces of silver.
A month before 4 December 2003, gold was around $379.90 per troy ounce, so the close of $403.30 is a gain of 6.2% over the month.
A year before 4 December 2003, gold was around $322.20 per troy ounce. The close of $403.30 therefore represents a rise of 25.2% over twelve months.
It closed 2.98% below the highest close on record up to that date, which was set on 2003-12-01.