Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the gold price in 7 April 2003, not the current price.See today's gold price (11 September 2026)
Lowest closing price since 3 December 2002
Gold closed at $321.50 per troy ounce on 7 April 2003, down $3.800 (1.17%) from the previous close of $325.30.
Notable session: lowest close of the year; lowest close of the month.
Gold moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 15.17% below the highest gold close recorded up to that date, set on 2003-02-04.
One of the ten lowest gold closes of that year, ranking 249 of 249 sessions.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $300.10, making this a +7.13% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $321.50 per troy ounce on 7 April 2003. That is $3.80 lower than the previous close of $325.30, a move of -1.17%.
The gold price fell on 7 April 2003, losing $3.80 (1.17%) against the previous session's close of $325.30.
At $321.50 per troy ounce, one gram of pure gold was worth about $10.34 on 7 April 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 April 2003 18k gold was worth about $7.75 per gram and 14k about $6.03 per gram, against $10.34 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.8 on 7 April 2003, meaning one ounce of gold was worth roughly 72.8 ounces of silver.
A week before 7 April 2003, gold was around $335.90 per troy ounce, so the close of $321.50 is a loss of 4.3% over the week.
A month before 7 April 2003, gold was around $350.80 per troy ounce, so the close of $321.50 is a loss of 8.4% over the month.
It closed 15.17% below the highest close on record up to that date, which was set on 2003-02-04.