Distance from the record
This close sat 2.24% below the highest gold close recorded up to that date, set on 2003-12-01.
Loading…
This page is a historical record of the gold price in 5 December 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $406.40 per troy ounce on 5 December 2003, up $3.100 (0.77%) from the previous close of $403.30.
This close sat 2.24% 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 $324.80, making this a +25.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $406.40 per troy ounce on 5 December 2003. That is $3.10 higher than the previous close of $403.30, a move of 0.77%.
The gold price rose on 5 December 2003, gaining $3.10 (0.77%) against the previous session's close of $403.30.
At $406.40 per troy ounce, one gram of pure gold was worth about $13.07 on 5 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 December 2003 18k gold was worth about $9.80 per gram and 14k about $7.62 per gram, against $13.07 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 74.3 on 5 December 2003, meaning one ounce of gold was worth roughly 74.3 ounces of silver.
A week before 5 December 2003, gold was around $396.80 per troy ounce, so the close of $406.40 is a gain of 2.4% over the week.
A month before 5 December 2003, gold was around $382.60 per troy ounce, so the close of $406.40 is a gain of 6.2% over the month.
A year before 5 December 2003, gold was around $324.80 per troy ounce. The close of $406.40 therefore represents a rise of 25.1% over twelve months.
It closed 2.24% below the highest close on record up to that date, which was set on 2003-12-01.