Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the gold price in 9 December 2003, not the current price.See today's gold price (11 September 2026)
Gold closed at $408.20 per troy ounce on 9 December 2003, up $1.600 (0.39%) from the previous close of $406.60.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 1.80% 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 $325.80, making this a +25.29% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $408.20 per troy ounce on 9 December 2003. That is $1.60 higher than the previous close of $406.60, a move of 0.39%.
The gold price rose on 9 December 2003, gaining $1.60 (0.39%) against the previous session's close of $406.60.
At $408.20 per troy ounce, one gram of pure gold was worth about $13.12 on 9 December 2003. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 9 December 2003 18k gold was worth about $9.84 per gram and 14k about $7.66 per gram, against $13.12 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 72.4 on 9 December 2003, meaning one ounce of gold was worth roughly 72.4 ounces of silver.
A month before 9 December 2003, gold was around $383.30 per troy ounce, so the close of $408.20 is a gain of 6.5% over the month.
A year before 9 December 2003, gold was around $325.80 per troy ounce. The close of $408.20 therefore represents a rise of 25.3% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 1.80% below the highest close on record up to that date, which was set on 2003-12-01.