Distance from the record
This close sat 4.33% below the highest gold close recorded up to that date, set on 2003-02-04.
This page is a historical record of the gold price in 4 June 2003, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 16 May 2003
Gold closed at $362.60 per troy ounce on 4 June 2003, down $2.600 (0.71%) from the previous close of $365.20.
This close sat 4.33% 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 $327.80, making this a +10.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $362.60 per troy ounce on 4 June 2003. That is $2.60 lower than the previous close of $365.20, a move of -0.71%.
The gold price fell on 4 June 2003, losing $2.60 (0.71%) against the previous session's close of $365.20.
At $362.60 per troy ounce, one gram of pure gold was worth about $11.66 on 4 June 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 4 June 2003 18k gold was worth about $8.74 per gram and 14k about $6.80 per gram, against $11.66 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 80.7 on 4 June 2003, meaning one ounce of gold was worth roughly 80.7 ounces of silver.
A month before 4 June 2003, gold was around $341.00 per troy ounce, so the close of $362.60 is a gain of 6.3% over the month.
It closed 4.33% below the highest close on record up to that date, which was set on 2003-02-04.