Distance from the record
This close sat 6.83% below the highest gold close recorded up to that date, set on 2003-02-04.
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This page is a historical record of the gold price in 5 March 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $353.10 per troy ounce on 5 March 2003, down $0.100 (0.03%) from the previous close of $353.20.
Gold barely moved, closing within 0.03% 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 6.83% 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 $294.00, making this a +20.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $353.10 per troy ounce on 5 March 2003. That is $0.10 lower than the previous close of $353.20, a move of -0.03%.
The gold price fell on 5 March 2003, losing $0.10 (0.03%) against the previous session's close of $353.20.
At $353.10 per troy ounce, one gram of pure gold was worth about $11.35 on 5 March 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 March 2003 18k gold was worth about $8.51 per gram and 14k about $6.62 per gram, against $11.35 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 76.4 on 5 March 2003, meaning one ounce of gold was worth roughly 76.4 ounces of silver.
A month before 5 March 2003, gold was around $376.40 per troy ounce, so the close of $353.10 is a loss of 6.2% over the month.
A year before 5 March 2003, gold was around $294.00 per troy ounce. The close of $353.10 therefore represents a rise of 20.1% over twelve months.
It closed 6.83% below the highest close on record up to that date, which was set on 2003-02-04.