Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the gold price in 7 November 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $383.30 per troy ounce on 7 November 2003, up $2.700 (0.71%) from the previous close of $380.60.
No earlier session that month closed above this level.
This close sat 1.44% below the highest gold close recorded up to that date, set on 2003-10-24.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $320.50, making this a +19.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $383.30 per troy ounce on 7 November 2003. That is $2.70 higher than the previous close of $380.60, a move of 0.71%.
The gold price rose on 7 November 2003, gaining $2.70 (0.71%) against the previous session's close of $380.60.
At $383.30 per troy ounce, one gram of pure gold was worth about $12.32 on 7 November 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 7 November 2003 18k gold was worth about $9.24 per gram and 14k about $7.19 per gram, against $12.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 75.9 on 7 November 2003, meaning one ounce of gold was worth roughly 75.9 ounces of silver.
A year before 7 November 2003, gold was around $320.50 per troy ounce. The close of $383.30 therefore represents a rise of 19.6% over twelve months.
It closed 1.44% below the highest close on record up to that date, which was set on 2003-10-24.